rew wrote:
Thanks for responding haulingthescoreup. My credit line is for 50,000. I totally agree with you that it isn't a good habit of transferring cc debt to HELOC debt. I am trying to bump my scores up to get a better rate to refi my 1st mortgage and I thought this would help. I am paying my other cc debt down as well which will also help. I appreciate your advice.
Sounds like a good solution, then.
Be sure to leave one card reporting a balance of $10 - 20. Don't let them all report $0, or you'll lose points. Strange, but true.
* Credit is a wonderful servant, but a terrible master. * Who's the boss --you or your credit?
FICO's: EQ 781 - TU 793 - EX 779 (from PSECU) - Done credit hunting; having fun with credit gardening. - EQ 590 on 5/14/2007
