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Old 07-07-2006, 07:27 PM  
Peaches
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Join Date: Oct 2002
Location: Away
Posts: 13,933
Quote:
Originally Posted by gregtx
pay off the one with the highest interest rates first.. consolidate them to one card if you can.. at a lower rate.. then pay them off...

and close all but two.. one as your main (pay off each month) and one as a backup in case you need it for emergencies..

the more accounts you have open.. the more it affects your fico..
the more balances you carry the more it affects your fico..

becoming debt free was one of my big milestones.. credit cards and student loans all paid in full.. now i just have a mortgage and one lease payment..
Dammit, I hate when you post what I was going to post.
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