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Originally Posted by MoneyGuy
Does your credit score drop as you pay off debts?
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Assuming you’re not simultaneously doing other things that could negatively impact your score it shouldn’t be dropping as you pay off debts. If you’re paying off credit cards and close an account after it’s paid off instead of leaving it open with no balance then your percentage of overall available credit being used that is reported to the credit bureau will increase which could negatively impact your score.