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Best plan of attack

Member

Best plan of attack

 I have 7 Credit cards and have 2000.00 to spread out to reduce balances, what would be the best bang for the buck for scoring purposes.

 

bal         limit

700        750

 

420        450

 

700         1200

 

500          600

 

300          400

 

377           500

 

Thx

 

 

 

1 REPLY
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Moderator Emeritus

Re: Best plan of attack

If I had that I would do the following...

 

I'd pay off the 377, 300, 420, and the 500. And with the remaining I'd pay down 700 (off the 750 CL).