04-26-2012 09:57 PM
As stated in the title, I have two cards to pay off: BAC and JPM cards; both are near their limits. I owe ~$1000 on the BAC Platinum Plus card and ~$650 on the Chase Freedom one. I really want to eliminate this monthly payment thing that has been troubling me for years and be able to have an available balance for once. I got the Chase Freedom card sometime in May/June of 2011 and I had a score around 700 IIRC. I checked last week and it was down to 639. I've had the BAC card since late 2005/early 2006.
I am a full time student that will be graduating in 6 weeks. Luckily, I recently got hired and I can really start to pay things off. Would it be beneficial to pay one card off at a time or split it into two payments each? Or does that not even matter?
04-26-2012 11:03 PM
I also have a collection from EOS-CCA for an ATT bill. Date opened was 12/2011 and DOLA is 01/2012. It is for $37. I'm looking up how to PFD and all that right now. I'm guessing that is what is really hurting my score. Other than that, maybe student loans? But I don't have to pay for those right now. This is from TU directly.
myFICO is the consumer division of FICO. Since its introduction 20 years ago, the FICO® Score has become a global standard for measuring credit risk in the banking, mortgage, credit card, auto and retail industries. 90 of the top 100 largest U.S. financial institutions use the FICO Score to make consumer credit decisions.>> About myFICO