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Say you have 5 credit cards with an average of $1000 on them, you have $3000 to pay towards the 5 cards.

Do you distribute the $3000 to all 5 credit cards or pay off 3 of the cards and close those accounts, and keep battling the other 2? Before December i prob have the other 2 paid down significantly(hopefully). I still have a student loan i am paying on but i hear thats not an issue as long as you have not defaulted on it. Do you think i will see a significant jump in credit score before the end of December to qualify for the Teri loans?

My Fico score with transunion sucks like 632 but the experian and equifax are in the 670's, i never missed a payment before but i had a charge off on a phone bill like 5yrs ago for about $120 which i paid off like 3 yrs ago.

I hear the Teri people are pretty cold with their selection, do you guys think am headed the right direction or would you guys go another route? (To let you guys know Teri is my only option)

Am worried cos i can get a co signer but man thats a huge burden on anyone 4 real, cos your debt would hang on their credit till you pay it off .

For credit scoring purposes, you should focus on your percentage utilization of each card. You want to keep the total owed/limit less than 30%. A card that you owe $400 on with a $500 (80% utilization) limit hurts your score far more than owing $2000 on a card with an $8000 (25% utilization) limit.

Also, don't close the card accounts after you pay them off. That actually lowers your score, for a few reasons. The scoring model likes old accounts far more than new ones, so if you close them the average age of your accounts decreases. Additionally, you're lowering your total available credit, which increases your overall utilization rate.

So you think i should spread the weatlth amongst all the cards and i should not close any of the accounts?

Do not close accounts; it can end up seriously hurting your credit score. If you are at or close to maxed out on any of the cards, then you need to get them down to below at minimum 50% to see any kind of significant score change. 30% is better, 10% is optimum.