I owe $5,800 on $58,000 possible so that is right at 10%. If I pay it down to 5%, will 5% be better than 0%? I can pay it off within 2 months.
Also, my FICO in Dec 06, was 748. I had a lot more debt then on my credit cards. The comments under my score were:
Missed payments on credit accounts (It is only one payment and CapOne is getting removed within next 60-90 days)(It was a over 30 day late payment in 12/02 and they agreed it went to wrong address). Does missed payments mean late payments because this is the only thing I see as a late or a missed payment?
Time since your most recent account opening is very recent (I think I opened up a 0% credit card last fall but none since then)
The proportion of balances to credit limits (high credit) on your revolving/charge accounts is too high. This of course is not down to 10% and lower if I want (0-5%).
The amount owed on your revolving/charge accounts is too high. (It was probably $20k then so obviously this has been corrected also)
It looks like even if I pay it all off early, my score should go up because the above comments should be gone. I probably should keep $2k on the credit cards to keep it from 1-4%. Comments?