Jump to content

Please consider disabling your adblocker for CreditBoards if you have not already done so.  This site depends on advertising revenue to stay online.


Mdeleon1

Newbies
  • Content Count

    3
  • Joined

  • Last visited

Recent Profile Visitors

The recent visitors block is disabled and is not being shown to other users.

  1. I do have a 401k with 100K and growing. Limits and APR listed. Other line is car loan of $600 a moth which does not impact amount towards credit card balances. 2 separate occurrences caused credit card balances to reach current status. Those no longer exists. Interest Credit Limit Current Bal Min Payment Chase 25.49 7000 5338 152 Costco/Citi 16.99 10000 6439 164 Suntrust 21.74 10500 7878.44 221 AMEX 24.49 15000 13452 402
  2. Here are the accounts, limits, rates and balances. I do plan to eventually get balances down to $0 for good. I am planning on purchasing a home in the next 9 months and trying to determine what is best approach to position my financial status when I submit for home loan pre-qualification application say around March. Best approach for using the $15,000 windfall in November and then having an extra $1000/month to pay towards balances afterwards. Interest Credit Limit Current Bal Min Payment Chase 25.49 7000 5338 152 Costco/Citi 16.99 10000 6439 164 Suntrust 21.74 10500 7878.44 221 AMEX 24.49 15000 13452 402
  3. My current credit card debt looks like this: Acct1 = $13,000 Acct2 = $7,000 Acct3 = $6,000 Acct4 = $4,500 In a couple of months, i will be getting a cash windfall of $15,000 and have been trying to determine the best approach of applying that cash against my credit card overall balance. I have 100% on-time payment history and just want to start clearing out the debt balance, Should I use it to knock off the highest balance in one shot or spread out across all the accounts?

About Us

Since 2003, creditboards.com has helped thousands of people repair their credit, force abusive collection agents to follow the law, ensure proper reporting by credit reporting agencies, and provided financial education to help avoid the pitfalls that can lead to negative tradelines.
×
×
  • Create New...

Important Information

Guidelines