cancel
Showing results for 
Search instead for 
Did you mean: 

How should I go about this?

tag
Anonymous
Not applicable

Re: How should I go about this?

How much of a profit are you expecting to make after figuring in costs for selling your house and buying the next one?  Were you planning to use this as a down payment for the next house or paying off debt?

 

I guess I'm torn on the moving around of debt.  If you got a new card and nearly maxed it out, you'd still have one nearly maxed out card, a new account, and a new inquiry.  Now you have one nearly maxed out card and a card with high-ish utilization.  I'd let it go, seeing as your rates are good and your score only stands to improve. It looks like you already did a good job on cutting expenses.  I dunno about you but I'm looking forward to tax season.  If you're getting a tax refund maybe you can plan to put a nice chunk of it toward the debt and make a nice dent in it.  Now sit back and watch your score go up and your debt go down. Smiley Happy 

Message Edited by rmily on 11-09-2008 07:35 PM
Message 11 of 12
Anonymous
Not applicable

Re: How should I go about this?

After paying off all debts, there would be a good sum left that would go into an emergency fund.

 

The tax refund could pay off one of the cards Smiley Happy.

Message 12 of 12
Advertiser Disclosure: The offers that appear on this site are from third party advertisers from whom FICO receives compensation.