Valued Contributor
Posts: 1,669
Registered: ‎05-24-2007
Re: Huge CC Debt and still need $25K more

OnWayUp & TxJohn,


That sounds interesting. I wasn't aware of this option. As long as I don't have an inquiry on my reports to hurt my score, it seems worth persuing. 10% interest on a loan that does not show on my reports is worthwhile. From the info on the websites, It looks like interest could be higher than that unless my credit is in their best catagory. My credit has zero negatives but my util on revolving is over 50% and it is a big number.


A FICO of 708 is not exactly AA credit. I just paid off the CapOneBus where the statement cuts tomorrow so now have less than 50% of revolving showing a balance. Hopefully that will give my score a good bump.