I need advice as to which to cc's to pay and how much.

[rbrown973]

Hi, First let me say that i'm honored to be apart of fico forums. I'm trying to get my credit back on track and would like some help as to what I should pay and how much. I would like to know how much to pay on each card in a 3wk. time spand. Also should I pay off completely or how much to leave on each card.

Capital one- unsecured Credit limit $300 Balance 269.08  due 2/8/08

Orchard bank- secured Credit limit $250 Balance 243.19 due 2/14/08

First Premier- unsecured Credit limit $250 Balance 199.89 due 2/26/08

EQ=549

EX=587

TU=522

Thanks,

[Anonymous]

The best scores come from CC that have UTIL of under 10%    You need to get them all way down.

You should pay them within the grace period    usually within 20 days after the bill comes out  BUT  check each as grace period could be different with each.

When paying this way you cut the int. for the following month.

Message Edited by HappyDays on 02-05-2008 09:56 PM

[rbrown973]

Thanks for the advice HappyDays I will do exactly that....

[Anonymous]

You are more then welcome.

[rbrown973]

Sorry to bother you again HappyDays, On my Capital one Card I have afew late pays that are dated 05/2007, 01,2007 & 12/2006. do you think I can ask for a GW at this point and have success getting it if I pay the balance under 9%??

Thank in advance

[Anonymous]

You can BUT Cap1 is not very nice & usually will not do it.

[rbrown973]

hey I can only gain... i'll try and see what happends... wish me luck...