I have three credit cards with balances of $3400, $800, and $400 - almost 5k in total. Saved up a good amount of money and would like to pay these cards off. My aunt, who's a realtor, advised me not to completely pay them off to a 0 balance as it would have a negative effect on my credit score, I forget her explanation - but she advised me to keep at least some debt on there. I was hoping to just pay this all off and see my credit score go from 691 to 7 something. What should I do?
Submitted March 12, 2017 at 09:45PM by NarcissusNoir http://ift.tt/2mgPFj1
