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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
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).