CREDIT & CARDS — credit score and debt management
Why Does Your Credit Score Drop When You Pay Off a Debt?
Owning a big pile of debt is one of the worst circumstances anyone could ever be in, but let’s say that you finally are paying off that malign debt, you should expect everything to turn bright, right? Guess what? Paying off debt may lower your credit score! Let’s find out why. Financial freedom is hard to crack, but it's fascinating these days. However, you can earn financial freedom in hundreds of ways. One of the most amazing feelings is when you have paid off your debts. It is almost a dream for everyone to get rid of their debts and...