Hi All - Mods please move if I am putting this in the wrong place.
I have some very high interest CCs after re-building from the low 400s and now at low 600s (due to lingering judgements, 1 paid medical collection, and 1 30-day late on 4 separate accounts. I hit a financial snag for a few months and ended up raising my UTL to about 80%. Anything I've applied for in the last year has rejected due to high UTL. I am in a slightly better position now where I can pay about 1,000 down from my total avail credit of about $17,000...not much I know. Anyway to help, I'd like to try getting another CC w/ a 0% interest rate promotion on BTs. This will help me pay my balances down significantly. Here's my question:
Does anyone know that if when applying with higher utilzation, it is better to indicate that you wish to transfer a balance during the APP process or after?
I wish that it were $1000 / mo. It is a one-time amount. I'll need to pay bit-by-bit, but it is difficult to keep up on the mininmum payments with such high interest. Does anyone have any other suggestions that could help me consolidate for lower interest w/o closing my accounts?