Valued Contributor
AndySoCal
Posts: 1,895
Registered: ‎04-07-2009
Re: Closed accounts vs. Open accounts - Which to pay down first?

I would pay the ones with the highest rate(s) first or work on the ones that are the nearest to their credit limits. Keep all your acocunts current and put extra money  on the highest interest rate or the one nearest the credit lmit.

Equifax My FICO score 815 5/28/2012, 818 on 7/28/2014 . Average of Accounts 12 years and no Installment accounts. MyFICO TU 810 6/26/2012 809 4/21/2013 MyFICO XPN -805. 2/26/2014 Discover TU FICO 813 App free since 9/2011