Question by Mz K: When repairing credit is it best to pay the small debt first or large debt first?
Or should I pay the older debt off first? I want to raise my credit score by paying off my debt over time. Some of it says it falls off this yr of 2008 (guess its debt older than 7 yrs) So does anyone have suggestions?
Fast Credit Repair
Best answer:
Answer by Rai
if the debt is already closed out from the vendor, meaning they have written it off and aren’t counting on you paying (so they do not call you anymore)— it doesn’t matter when you pay, as long as you do. It will not be reported back to the credit companies as paid until it is paid in full. So, if you can handle doing the smaller bill at one time just do that, and work your way to the big one. It’s good that you are trying to repair your credit, it is supposed to take several years and you should get started now. Good luck. Also, in my experience, the debt doesn’t “fall off” and not get counted on your credit report… it is always there. Even long after you pay it off if someone wants to see that past stuff they still can. Your score is affected by many things, included really old debt.
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