Valued Contributor
tcbofade
Posts: 2,188
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 671 (FCR) TU08: 648 Wally (TU08). 08/29/14 Last app 05/29/2014.
Being held hostage in the garden until 01 November 2014.

Zero percent financing is where the devil lives...