2007-12-20 15:58:30 · 4 answers · asked by TYSHERIA 1 in Business & Finance ➔ Personal Finance
Pay your balance in full. Credit cards carry interest. Something that originally cost you $100 could end up being 2 or 300 by the time you pay it off.
2007-12-20 16:06:14 · answer #1 · answered by Rosesarered 4 · 0⤊ 0⤋
Pay your balance in full. It shows different on your credit if you settle and it will be a negative marks on your credit therefore hurting it. Pay in full even if it means getting a second job to do so.
2007-12-21 15:49:55 · answer #2 · answered by jt6341 3 · 0⤊ 0⤋
pay in full
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if you settle with the card company for less than the total amount owed [on a closed account] they report this to the credit bureaus as settled for less than full amount [which means partial charge off]. paid in full but late is better.
2007-12-21 00:14:58 · answer #3 · answered by Spock (rhp) 7 · 0⤊ 1⤋
its always best to pay back the entire debt you took on. paying a settlement on your credit card will make you look really bad to other potential lenders, because you didn't pay back what you had agreed upon.
2007-12-21 00:25:48 · answer #4 · answered by Mark 4 · 0⤊ 1⤋