@Anonymous wrote:
10% oh my! I might be able to do that. I have another question. Is it better to pay off small amount cards or big amount cards?
Honestly, there is no really one rule fits all but generally you want to pay the higher balance/credit ratio cards, the higher interest cards and the 10% util is really hard to maintain unless you have alot of disposable cash around. I know that I am a truly a n a l financial general in our family and even I can't keep it at or under the 10% too long and too often, it varies considerably so I try to balance it with other smart and effective practices to offset any damage I cause. I was riding the 800 scores until I got married and inherited a huge mess (don't tell her or she'll think I am bitter) but now my scores are riding much lower because of it. So I am in the same boat as many as far as trying to balance the good, the bad and the ugly of credit and staying in a respectable neighborhood. Ultimately it comes down to you getting disciplined enough to know what you need to do, learn about what needs to be done and what you can do and try your best, there is no magic formula for success despite our best efforts.
