Jump to content

If I pay down cards to 50% of line, does that help?


Recommended Posts

Do either of the cards have an exorbitant interest rate? If it were me and I came into some extra cash I would pay down the card with the highest interest rate first and then start working on the card with the lower interest rate. Why line the cc companies' pockets? However, if you're looking for a quick FICO boost then paying both cards down to 50% (30% is ideal) would be the way to go.

Link to comment
Share on other sites

This topic is now closed to further replies.

  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.. For more information, please see our Privacy Policy and Terms of Use.