Well ive gotten a new job(pays twice as much as myvlast crappy job) and paying off close to maxed out cards left and right.. Here a quick run down of my sad credit.. Ill start with the cardsbthat were close to maxed out and paid in full all at once
Bank of America - 0/1000
CITI BANK - 0/1000
Credit One - 0/600
Cap One Quicksilver - 0/1500
Barclays Card - 0/1500
Macys Card - 0/600
Walmart Card - 0/600
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Ok those are paid off but im still around 16k in debt and these cards are nearly maxed out
US Bank - 4300/5000
Discover - 4850/5200
Merrick Bank - 1199/1200 (my baby brother got a hold of my card went went crazy online, it was only at 600)
CapOne Powercard - 920/1250
Chase freedom - 1800/2000
Target card - 1550 / 1850
Best Buy card - 1300 /1500
Okay now a few years ago my discover card was nearly maxed out and they dropped my limit from 6000 to 5200 after i made like a $1000 payment, i qas pissed lol...
This next check i get im wanna pay off either the discover card or us bank card as both of their interest rates OUR ABSURD. I have been paying minimum of 120 but only 40 bucks is going towards the balance. Yikes. Stomach turning
However im scared if pay it off completely thinking they will drop my limit again drastically.. how should i
attack this? Should i pay the smaller onces off first to show discover my paying off my debt then pay them last as my score will go up? Or does it matter? I updated my salary, 30k to 65k..
Im going to pay 5k, should i spread to 5k? Pay off one of the big ones? And hope they dont decrease my limit or just pay off..
Any help or opinions will be appreciated.. Im grinding hard to get this to 0-10% by September or sooner.. thanks
Oh my score is 665, it went up from 639 after i paid off those other cards. I wonder how high it can get when i lay the rest of the debt, hopefully 700 and rebuild from there
Bank of America - 0/1000
CITI BANK - 0/1000
Credit One - 0/600
Cap One Quicksilver - 0/1500
Barclays Card - 0/1500
Macys Card - 0/600
Walmart Card - 0/600
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Ok those are paid off but im still around 16k in debt and these cards are nearly maxed out
US Bank - 4300/5000
Discover - 4850/5200
Merrick Bank - 1199/1200 (my baby brother got a hold of my card went went crazy online, it was only at 600)
CapOne Powercard - 920/1250
Chase freedom - 1800/2000
Target card - 1550 / 1850
Best Buy card - 1300 /1500
Okay now a few years ago my discover card was nearly maxed out and they dropped my limit from 6000 to 5200 after i made like a $1000 payment, i qas pissed lol...
This next check i get im wanna pay off either the discover card or us bank card as both of their interest rates OUR ABSURD. I have been paying minimum of 120 but only 40 bucks is going towards the balance. Yikes. Stomach turning
However im scared if pay it off completely thinking they will drop my limit again drastically.. how should i
attack this? Should i pay the smaller onces off first to show discover my paying off my debt then pay them last as my score will go up? Or does it matter? I updated my salary, 30k to 65k..
Im going to pay 5k, should i spread to 5k? Pay off one of the big ones? And hope they dont decrease my limit or just pay off..
Any help or opinions will be appreciated.. Im grinding hard to get this to 0-10% by September or sooner.. thanks
Oh my score is 665, it went up from 639 after i paid off those other cards. I wonder how high it can get when i lay the rest of the debt, hopefully 700 and rebuild from there
Starting Score: 677
I would spread out the $5000 so none of the remaining cards are maxed
