ma2
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- Got Cheered for Re: What should I do with my refund?. October 5, 2020 8:03 AM
- Posted Re: What should I do with my refund? on After you file. October 4, 2020 7:12 PM
- Cheered What should I do with my refund? for JBJ. October 4, 2020 6:35 PM
- Got Cheered for Re: Has anyone ever consolidated credit cards into a personal loan?. July 17, 2019 12:14 PM
- Got Cheered for Re: Has anyone ever consolidated credit cards into a personal loan?. July 9, 2019 11:35 PM
- Posted Re: Has anyone ever consolidated credit cards into a personal loan? on Credit cards. May 18, 2019 12:54 PM
October 4, 2020
7:12 PM
1 Cheer
First of all, pay off those cards. While you are eating a fancy dinner as was suggested, Your credit card interest is going "cha-ging" and increasing your debt. Pay off the highest interest card first. Pay minimum plus $50. on each of the others. When you are debt free use your cards as if you were paying cash. For instance, I buy my groceries with my credit card because I get a 3 to 5% credit on my card. And I pay my card in full each month a week before the due date. I know I can pay it because I am frugal with my grocery list, no large steaks, lots of chicken. I have done this and you can too. Don't cut up or close those credit cards. When you get them paid off, your credit score will soar. Be sure to use them for small amounts you know you can pay.
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May 18, 2019
12:54 PM
2 Cheers
Do not cancel you credit cards when you balance is 0. Learn how to use each only once a month and pay that balance before the due date. If a REAL emergency comes up you will have a cards to go to. If you cancel your cards it twill ruin you fico. If you don't you your card for some time, maybe a year or so, the card company will cancel it. That does not look good on credit report. Go to each credit reporting company, there are three, and put a lock on your cr cds. Your fico is based on owed vs credit available. As owed goes down fico goes up. Also if you cancel all your cards, you lose your credit history. Not good.
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