Posts: 17
Registered: ‎11-23-2012
Re: What Credit Cards should I pay off?

Personally, I would probably pay all of them down below about 70% so they're not so close to max limits.  Then I would put the rest towards paying down the highest interest cards.  If you've got to leave money sitting on there, it might as well be getting the lowest interest rate possible. 



On the other hand, you might want to skip the first step and just put the whole lump sum into paying down the highest interest balances.  I think the cards that have a really high percentage of utilization are an extra red flag on your credit score - but that may not be a huge concern if you're not applying for anything soon.  So avoiding the extra interest might be a higher priority.

EX: 683 (Nov 12)
EQ: 703 (Nov 12)
TU: ???
2013 Goals:
725+ by Summer and 750+ by Year end