how many points will my credit score increase if i pay off all debt
If you know anything about credit scores, you know carrying high credit card balances is a big no-no. In fact, your debt-to-credit ratio (how much you owe versus your total available credit) makes up about 30 percent of your overall credit score. And revolving debt â like credit cards â weighs heavier than other outstanding debts â like your mortgage or car loan.