We have been having a lot of success with our “what if” service in helping borrowers decide which accounts to pay down on their credit. …to get the biggest bang for credit score improvement.
I sent out an email on this program a couple of months ago – but I wanted to touch on it again, because it really can save you money.
Here’s how it works…
There is a “what if” service we use through our credit company that allows us to ask what the impact of paying off or down any account. It will tell you the expected impact of the action on your credit scores.
I have some people that pay thousands of dollars against 6 or 7 year old collections – only to find out the impact on the score was negligible.
So, if you are trying to get your scores up – and you are considering paying off some accounts.
…Let me run the “what if” scenario for you to see how it will impact your score first.
I hope you had a good day. Thanks for reading this email!
Brett