Is it bad to pay off all your debt at once?

1. 2022-03-29 at 4:49 PM UTC

   #1
   

   BeeReBuddy motherfucker [pimp your due marabout]
   Usually when I do things that make sense in regards to money my credit score drops.
   I owe $850 some dollars and can pay it all off today but I dont want to hurt my credit.
2. 2022-03-29 at 5:02 PM UTC

   #2
   Jiggaboo_Johnson Black Hole

   Originally posted by BeeReBuddy Usually when I do things that make sense in regards to money my credit score drops.
   I owe $850 some dollars and can pay it all off today but I dont want to hurt my credit.

   
   Pay off 800, you should always keep a small balance on credit cards as each monthly payment goes to your score and history...you don't have to pay interest, just use it a couple of times a month paying the oldest one monthly so you keep a balance but don't get charged interest on it.
   The following users say it would be alright if the author of this post didn't die in a fire!

   • The Self Taught Man
3. 2022-03-29 at 5:11 PM UTC

   #3
   Kafka sweaty
   Just continue paying them as you would normally and save your money.