Wednesday, November 10, 2010

To boost my credit score is it better to use money to pay off a federal tax lien or credit debt?

Question by A.J. G: To boost my credit score is it better to use money to pay off a federal tax lien or credit debt?
I have some cash and want to improve my credit score. I have an IRS tax lien for about the same amount as my outstanding credit card balances. What would be a better action? Should I pay off the tax lien, currently on installment, or should I pay off credit card debt?


Best answer:
Answer by golferwhoworkspay the IRS first. then revolving to anout 30% of credit limit per card

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