I am going to be coming in to a large amount of money and I should be able to pay off some of my mounting credit card bills, over $15K. Should I pay it off all at once or space out the payments over 3 or 6 months? I would like to buy a house in a year and want to get the biggest gold star on my credit report I can.
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Getting A Bonanza: Pay Off Debt Now Or Over Time?
By Ben Popken 7.24.09