I have a Sam' s Dicover at 18% about $9000 and Visa @ 9.99 about $8500. Trying to decide if I shoulkd transfer balance to another card(or2) if low or no interest for a year... OR if We should do a 2nd mortgage. My FiCo score is 678 and 691. Will these actions both hurt my score?
For best FICO effect the loan will prob help if UTI is paid down to below 10%... The new loan should have negligible effect. BUT the low interest BT may be the best for you financially. Just depends on your motivation here, if you plan to leverage your credit for a major purchase some time soon get your FICO up by getting your revolving debt paid down.