Does paying off your house hurt your credit score?
Does paying off your house hurt your credit score?
WalletHub, Financial Company Paying off your mortgage does not dramatically affect your credit score. Jul 2, 2020
At what age should you be debt-free?
Kevin O’Leary, an investor on “Shark Tank” and personal finance author, said in 2018 that the ideal age to be debt-free is 45. It’s at this age, said O’Leary, that you enter the last half of your career and should therefore ramp up your retirement savings in order to ensure a comfortable life in your elderly years. Dec 2, 2020
How much debt should I have at 35?
35—49 year olds = $135,841Primarily because of home mortgages, older millennials in this generation maintain a higher average debt, according to Experian. Credit card debt is the next main source of debt, followed by education and auto loans. Oct 2, 2020
