Hello, I have learned a tremendous amount fm these forums! I love you guys,, Now I just need some help with my CC situation.. Ideally, I don't want to lose any points in the process but I wanted to close out some of horrible CC's (I recently obtained some prime CC's).. I also wanted to maximize my FICO score, so if you could also assist me with how I should pay down my CC's, utilization, etc..
Amex Blue open 3/2008 0/2000 CL
Bank Of America open 3/2008 1000/5000 CL
BMW Financial (Car loan) open 1/2008 26,963 60 months 3.9%
Capital One open 3/2000 200/1050 CL 4.99%
Discover open 3/2008 0/1100 CL
Macys open 1/2000 261/1000 CL
Express open 11/1999 356/1300 CL
Firstmark (Student loan) open 7/2003 40,300 120 months 7%
Gap open 5/2005 0/400 CL
Ikea open 5/2006 0/300 CL
Hooters open 12/2007 147/1000 CL
Orchard open 1/2006 0/400 CL
HSBC Sony (Store Card) open 5/2005 160/1250 CL
ISM (Student Loan) open 9/2007 10,100 238 months 4.5%
Nordstrom open 11/1999 500/1000 CL
Target open 12/2001 80/500 CL
Victorias Secret open 12/2001 0/450 CL
Pacfic Sunwear open 7/2000 0/500
Sears open 3/2002 closed acct 600/1800
The cards with AF's are Cap 1, Hooters, and Orchard. I was planning to do a BT with the sears card to a diff credit card and paying it off within 1-2 months. The store cards I don't really have a use for anymore, was planning to PIF and close? As for the student loans, is there a way I can get a personal loan to decrease my interest rate and/or payments per mo?? I was also going to add one more prime CC (Citi Amex?) should I wait on opening one more line of credit?? I am able to pay off as much debt as possible, I have money in savings.. Please help!!!
Message Edited by hautemama on 04-08-2008 12:56 PM
