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Q.Does paying all my credit card bills in full improve my credit score?

A.Not necessarily. You would think it would, but the truth is some points are either given or taken away based on how much you use your available credit. Using a substantial amount of your available credit each month will lower your credit score, even if you pay the entire bill in full each month. Using too much of your available credit is typically denoted on a credit report as "High Balance." In such an instance, you may want to consider contacting your credit card suppliers and asking them to increase the amount of your available credit.




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