Credit counseling Program

[Alex311]

I have a card that I placed on a credit counseling program. I want to go ahead and pay it off but seeing that the account is "closed" I'm not sure how much that would negatively affect my score. The card has always been in good standing, I just got overwhelmed and decided to put it on the program.

[FireMedic1]

Wont change your age metrics. Open/Closed accounts are counted the same. It will fall off your reports give or take 10  years. You might gain some points because your util % will drop depending on what your at now.

[MeredithLepore]

It shouldn't hurt your score to pay it off. Rather, it could help, and if it would give you peace of mind it will well be worth it.