Valued Contributor
Posts: 2,543
Registered: ‎09-26-2011
Re: Should I close these cards.....struggling to understand utilization...PLEASE help???

Missy_Bell wrote:

What about closing the secured NFCU account and applying that $500 to the balance owed on the larger account. Shoul I do that or not??


I would.


If you no longer need the secured card, get that money back and use it to reduce your balance on the other card.  Your logic is perfect!  :smileyhappy:

Current Scores: EX 694 (FCR) TU08: 650 Wally. 12/10/14
Last app 05/29/2014.
Being held hostage in the garden until 06 January 2015!
Zero percent financing is where the devil lives...