If one of your negatives is high revolving util, moving the debt to installment will definitely help. You didn't say what your CL's are, so I don't know what util that $6K of debt represents. Installment util carries much less effect on scoring than does revolving, so shifting debt can make quite a difference.
BUT you absolutely must not add any new CC debt while you pay off the loan, or you will be in twice as much trouble as before. If that $6K represents some sort of one-time disaster (uninsured medical expenses, tree falling through roof, etc.), you might be OK. If it resulted from lots of impulse buying, floating balances and getting finance charges tacked on, and so forth, then you need to think long and hard about whether you will really be able to pay off this loan while keeping CC debt away.
It's OK to use your cards occasionally during this process; in fact, you'll probably need to in order to keep them open. But only use them for things that you would have to pay for with cash --a grocery trip, a tank of gas. Don't go buying things that you can truly live without for a while longer --CD's, clothes, a new lamp. After you use a CC for a must-have purpose, pay it off online when it hits, or at the end of that week. You must not allow any recurring CC debt to return.
Sorry to belabor this point, but borrowing money on a loan to pay off CC's and then running the CC's back up again is a horribly common practice. But many of us have done this successfully. You just have to be ruthlessly honest with yourself, as does anyone else who uses your cards, such as a spouse/ significant other.
Good luck!
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
