Will Paying sour my home mortgage impulsive effect my credit history . (no cost for precipitate payment)?
Answers:
If you have a 30 year mortgage and you're half thru , you rewarded about 70% of the interest. so you paid it bad, you wouldn't be saving that much interest on the mortgage. It's your choice. Source(s): Retired bill collector 35 years.
no--it looks great on your credit report. you're credit report works like this: you enjoy 2 loans that started with a balance of $100,000. you've be paying on them and the balances are down to approx. $50,000. this means you own $50,000 available credit of a $100,000 limit. does that make sense?
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