Mannerheim Posted May 6, 2005 Report Share Posted May 6, 2005 If I have some extra cash, am I better off paying off one account (and leaving the other high); or paying off two accounts to 50% each, and continuing a positive payment history until paid off in full?Thanks! Link to comment Share on other sites More sharing options...
breathing_easier Posted May 6, 2005 Report Share Posted May 6, 2005 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 More sharing options...
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