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Help Me Figure Out A Plan

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TheConductor
Established Contributor

Re: Help Me Figure Out A Plan

You are definitely ready to just close that Cap1 secured card.  Pay that first, close it, and use the security deposit to help pay other cards.  It has served its purpose in your rebuild and you are moving on to bigger and better things.

 

After that, +1 to paying whatever gets you back close to zero debt the quickest. Target the high APRs first, but also try to get all accounts below 50% utilization relative to their respective limits and then work them down from there.

 

With a little bit of patient gardening, I expect your next app for AmEx Gold to be a winner.

Starting: EQ 622 (myFICO 7/7/12), EX 696 (TU FAKO 8/14/12), TU 621 (CK TransRisk 7/24/12), Total CL $1k on 2 TLs
Current: EQ 709 (CCT 2/4/15), EX 704 (CCT 2/4/15) , TU 702 (CCT 2/4/15), Total CL $110.3k on 14 TLs Goal: 740+ x3
My Wallet: Amex BCP $30k, Chase United Explorer $16k, Amex SPG $13.5k, Barclaycard Ring MC $12.5k, Chase CSP VS $12.2k, Discover it $10.5k, C1 Venture VS $6.5k, Chase Slate $3.5k, Amex Hilton Surpass $2k, Barclaycard Apple V $2k, Chase Freedom V $1100, BoA Cash Rewards V $500, Citi BestBuy $500
My Loans: Prosper $25k/36mo, Prosper $17k/36mo
My Business: Chase Ink VS $5k, Amex BRG NPSL (> 10k),
Message 11 of 11
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