Well, I got a phone call about an hour ago from someone who is close to me. She seems to be in a tight spot and I'm not sure what would be best...She has a total balance of about $14,000 in credit card debt out of about $20,000 available credit. So utilization is about 75-80%. Her FICO score for TU is close to 650 and her Equifax FICO is 665. She also has about $50,000 in Student Loan debt (Fixed rate). She has high credit card debt because she has been paying for the household expenses while she was out of work. Now she has income but the APR's are really high. I've been thinking about advising her for a Balance Transfer Card but that seems like it might be denied because of high utilization. What card would be best for her to apply, if any?
Call a credit counseling agency and get them to get apr reduced and work with agency.