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Registered: ‎08-25-2009
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Re: How do I pay down my credit cards to better my FICO score?

[ Edited ]

I'm glad I came to look at your reply when I did!  I had a guy on the phone trying to get me on a "program" to consolidate my credit card debt - essentially closing my accounts to lower my interest rates.  That's not what I had in mind.  Then I read your post about how closing the accounts can hurt my credit - which is what I told him (he denied it), and then I backed away.  My plan works out better than what he offered, anyway...  Smiley Happy  Thanks to all of your help, of course.

 

I believe my next step will be to pay above the minimums on each card (as always Smiley Happy  ) and put any extra cash I have towards that nasty Discover card to take that out of the mix.  I've been averaging $50/each card + $75/MSUFCU each month.

 

I can't wait to see my credit score in the 700's again!

Message Edited by mielejam on 09-28-2009 11:53 AM
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