08/05/2023
Paying down debt can boost your credit score to help you buy a home, but what if your score actually decreases? Learn why this can happen and how to prevent it.
When you pay off debt, it seems like a given that your credit score will go up. After all, credit scores are supposed to show your ability to manage debt responsibly. But sometimes the opposite happens. When you pay off debt, you may actually see your credit score fall in the short term. Here’s wh...