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Payying down CC's

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dfitzg
Regular Contributor

Payying down CC's

Ok i have 5 cards all with high util.

 

Chase 300/400 18%

Cap1 1350/1550 8%

Macys 270/300 ( limit was 1000 got CLD) 22%

Target 400/500 23%

Household 400/500 14%

 

 

Im making payment now with a goal to pay them all down to about 20-30%

 

Just got my eq score and it is 631.

 

my goal is in 5-7 months get a car loan.

 

any suggestions on how i should pay these down, highest rates first or biggest bal first or just pay them all down gradually ?

 

 

thanks in advance

 

 

 

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llecs
Moderator Emeritus

Re: Payying down CC's

Locking this thread to direct others to your other post within General Credit Issues:

 

http://ficoforums.myfico.com/fico/board/message?board.id=generalcredit&message.id=134197#M134197

Message 2 of 2
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