Tax Time

[rpreissm]

With tax time around the corner I was thinking to myself how I could use my refund to improve my score? What would have the highest positive impact?

- Pay down a percent of my $8,500 credit card debt?

-Pay down a portion of my $4,800 auto loan?

-Pay down a portion of my $23,000 auto loan?

-Try to use to settle some of my $4,000 in medical collections?

Any advise or suggestions would be appreciated.

[Anonymous]

What is your UTI on your credit card debt? Overall and individually?

[rpreissm]

It is around 70%.

[Anonymous]

Personally I'd get the UTI down first and then work on the small auto loan. Then use the loan payment for the other stuff.

[OMW2_HighAcheiver]

I'm using some of mine to negotiate PFDs/settlements. My EQ contain the most derogs @ 7.