If I need to payoff my credit card balances to raisemy credit scores, what is the best way? Do I attackone card or put any extra money towards all cards? DoI focus on a higher interest rate card or concentrateon paying off a particular card one by one? If I havea high debt to credit ratio how willing are thecreditor to lower an interest rate. I have never hada late payment, but I do owe too much money.
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to rasie you score
pay each card down to less than 80% against your credit limit
if you have a limit of 10,000 pay it down to 7,999
do this for each card.
this raises scores.
Tuesday, January 01, 2008
How do i pay down credit cards to raise my score fast
Posted by
OskieGuy
at
9:12 PM
Labels: credit card, credit cards, debt to high credit ratio, pay off, raise credit score
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