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Valued Contributor
Dustink
Posts: 2,368
Registered: ‎10-02-2012

Re: Using tax refund to pay cc balances

Best method is to pay at the end of the year. Why give the money to the IRS when you can collect interest on it all year?

Too many INQs & low AAoA so I'm off to tend the Garden.     Age:21     EQ: 642 TU: 677 EX: 665


     $14k          $8.5K          $7.5k          $7.5k         $6.5k             $6k             $5k            $5k             $5k              $5k           NPSL       @ 0%
Established Contributor
CruzImperial
Posts: 860
Registered: ‎07-04-2012

Re: Using tax refund to pay cc balances

How do you guys change these settings lol

All of mine is going to cc debt, unfortunately.
Fico Scores: . Walmart TU 724 . App free since Aug 2012 .

Cap One Journey 500 | Discover IT 1k | GE Home Design 5.6k | GE HHGREGG 5k | Amex Zync NPSL | Amex BCP 6k | Citi Forward 3k | Citi Dividend 3k | GE BrandsMart 1k | GE Lowes 6k | Discover Walmart 4.9k | Barclays Apple 2.5k | BoA CR 800
Frequent Contributor
Adalen
Posts: 347
Registered: ‎05-01-2007

Re: Using tax refund to pay cc balances

I enjoy getting my refund in one lump sum at the beginning of the year. :smileywink:  We're going to Hawai'i in March, so it's mostly fun money but a good chunk is going into my kid's savings account.

2011: EQ 580~
2012: EQ 620~
2013: EQ 641, TU98 645, TU04 635, TU08 635, EX 648 (lender)
Closed on first home 4/25/13.

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