Ok......I need some help on what credit cards to pay off. I have a total of 13 credit cards with a total of almost 14,000.00. I have some money coming my way of about $10,000.00. Most of the cards are maxed to there limit. I was in college and loved to spend and shop. Do I pay the small ones off first and then the bigger amounts later? My score is around 580TU, and was wondering how would my score jump? If anybody can help me it would be great.
Some suggest paying off smaller balances first. Gives you a sense of accomplihment to see those 0 balances. ME? I just plug the numbers into Microsoft Money and let it tell me what to do. Unless of course on balances of 200.00 or less.