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Old 11-04-2009, 11:50 AM
Canuck Canuck is offline
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Default Which option is better?

I have two personal loans that I am making monthly payments on. I have the cash in hand to pay them both out in one lump sum if I want to.

Is it better for my credit to pay them off right now, or would it be better to keep making timely payments on the balances to show good payment history?

Thanks for the help.
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