11-02-2008 06:43 AM
I messed up have too many balances and want to become debt-free as soon as possible.
I have multiple credit cards
WAMU Visa owe 4,082.41 limit is 7,500 apr 7.99%
WAMU ESPN owe 1,549.95 limit 2,000 apr 0% until 12/08 so 1/09 apr is 15.99%
HSBC MC owe 1,291.86 limit 2,850 apr 0% (lucky me is a system error HSBC can't tell me until when this will continue)
Chase owe 706.90 limit is 1,000 apr 0% ends 10/08 so this month 11/08 APR is 10.49%
Home Depot store card owe 324.88 limit 500 apr 0% No pymt until 1/09 or default APR 0f 21.00%
Home depot home improvement loan- 440.20 apr 11.99%
How will you go about paying down this debt? Do you think a Personal Loan will make sense to pay off balances and make 1 monthly payment?
FYI I have a Chapter 7 discharged 6/05 Credit scores in 7/08 were TU-702; Eq-666; EX-687.
Want to pay down some debt before I pull my scores again don't think I will see much of a difference. I have no late pymts on my reports.
11-02-2008 06:58 AM
11-02-2008 07:08 AM
IMPORTANT INFORMATION: All FICO® Score products made available on myFICO.com include a FICO® Score 8, along with additional FICO® Score versions. Your lender or insurer may use a different FICO® Score than the versions you receive from myFICO, or another type of credit score altogether. Learn more
FICO, myFICO, Score Watch, The score lenders use, and The Score That Matters are trademarks or registered trademarks of Fair Isaac Corporation. Equifax Credit Report is a trademark of Equifax, Inc. and its affiliated companies. Many factors affect your FICO Score and the interest rates you may receive. Fair Isaac is not a credit repair organization as defined under federal or state law, including the Credit Repair Organizations Act. Fair Isaac does not provide "credit repair" services or advice or assistance regarding "rebuilding" or "improving" your credit record, credit history or credit rating. FTC's website on credit.