Paying down CC UTI

Anonymous · ‎05-18-2019

Once again Hi and Thanks in advance. Here's my question. I have four CC maxed out and I paid payments on some of them. 1st premier 800/675.86 now at 84%, 1st premier 400/215.20 now at 53%, Credit one 300/251 now at 83% and Indigo 300/295.51 now at 98%. Monday the 20th I have another 250 to pay on them. 1st premier due date is the 20th with report dates on the 23rd. Credit one due date is the 20th with report dates around the 1st. Indigo due date is the 25th with report dates on the 27th. Where do I put my 250 to increase my score on my next reports. I know it want be that much of a increase but I'll take anything. June I will pay down to 49%, July to 29%, August to below 10% or at least 0 balance on three of them but I really need as much increase that I can get this month. Any suggestions?

Anonymous · ‎05-18-2019

Paying off 1 of them would be the best option. Paying down to 50% on all of them would be next best.

CreditInspired · ‎05-18-2019

Hi there
If you can squeeze out $1 more to make it $251, pay off Credit One. Not only are you being penalized for maxed out cards, you are also being dinged for having a balance on all your cards. This way, you’ll have one card at $0 and 3 vs 4 with a balance.

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Anonymous · ‎05-18-2019

Thanks, I'm going to payoff Credit one and probably take some stuff I don't use anymore to a pawn shop and at least pay down another hundred on the Indigo card.

SouthJamaica · ‎05-19-2019

@Anonymous wrote:
Once again Hi and Thanks in advance. Here's my question. I have four CC maxed out and I paid payments on some of them. 1st premier 800/675.86 now at 84%, 1st premier 400/215.20 now at 53%, Credit one 300/251 now at 83% and Indigo 300/295.51 now at 98%. Monday the 20th I have another 250 to pay on them. 1st premier due date is the 20th with report dates on the 23rd. Credit one due date is the 20th with report dates around the 1st. Indigo due date is the 25th with report dates on the 27th. Where do I put my 250 to increase my score on my next reports. I know it want be that much of a increase but I'll take anything. June I will pay down to 49%, July to 29%, August to below 10% or at least 0 balance on three of them but I really need as much increase that I can get this month. Any suggestions?

Get them all down to 78%.

Then get them all down to 68%.

And so on until you get them all down to 28%.

Then start zeroing them out.