This is a good one which would you rather have and why? My choose would be all debit paid off and I can tell you why using my experience as a Banker with Bank Of America. If you have $50k you are going to spend some of it on bs that is just natural may not be the best thing to have 50k given to you as it is to earn and save 50k. I wouldn’t pick the 850 credit score because that is not the final decision determiner in lending for example older people have 850’s but can borrow anything because they have a low income to debt ratio. I would pick all debts paid off because first of all if all your debts are paid your credit score is going to jump up after a few months, secondly after your credit jumps up you can start to save money on housing and loans so you could get a business loan for 50k because you wouldn’t owe anyone; you would be the best prospect for lending money if you didn’t owe money. I pick B all debt paid off. #business #banker #financialfreedom

via 1MrBrandon http://ift.tt/2FnPxYe