consolidated credit cards

[lemers718]

I just was approved for a NFCU card for 5k @ 11%. My question is I have 3 cards over 60% util. totaling about $4500  How would it effect my score to tranfer these balances all on this card? My highest is a Cap One $3500 @ 22%. I also have $1000.00 extra coming in at the end of Feb.

[beb86]

Its hard to tell but it would be a good idea since you can save money on interest..Just try to pay it off as soon as possible.

[Kevin5974]

+1. Youre paying $64/mo in interest on Cap1 and would be paying $32 on NFCU.