Thoughts on This...

[fishbjc]

I have two credit cards I can pay off next month

Sears $200 / limit $250

Firestone $450 / limit $996

Better to pay off all $$$ except 6 mininums and make those payments on time?

Min Sears is $11

Min F/Stone is $22

Does this make sense to anyone?

[Anonymous]

IMO, it's never ever a good idea to pay minimums, unless you are in dire financial straights.

I'd think pif'ing is certainly justified, but that's just my opinoin.

[Anonymous]

From my understanding you never want to pay just the min if you can afford to pay more it looks better. You would alteast want to pay your accounts down under 9% utl.

so on the cards you should pay the amounts down to:

FireStone pay 360.36 on that one and Balance would be 89.64 puts you at 9% utli.

Sears       pay 172.50 on that one and Balance would be 27.50 puts you at 9% utli also