Will paying off half your credit card balance in one go boost your credit score?

Answer

It may boost your credit score slightly and will certainly reduce the amount of interest that you are paying, so it's certainly great in that respect. Generally speaking however, creditors are more interested in consistency over a long period, so making regular payments on time will increase your credit score more in the long run, albeit in a gradual way.

Updated on May 5, 2018

Original Article:

10 Reasons Not to Get a Credit Card
By Paul Goodman
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