Does Paying off a huge credit card balance in one lump sum affect your credit rating

[musicfan]

Hiya
I want to use a lump sum to pay off a very large credit card bill - I've never missed a payment or had any late payments on any loan or credit card but I just want to know would paying this off in a lump sum have a bad affect on my credit rating?
Thanks

 

[jhegarty]

Re: Does Paying off a huge credit card balance in one lump sum affect your credit rat

Hiya
I want to use a lump sum to pay off a very large credit card bill - I've never missed a payment or had any late payments on any loan or credit card but I just want to know would paying this off in a lump sum have a bad affect on my credit rating?
Thanks

No.....