Paying Off Credit Cards

Paying Off Credit CardsPaying Off Credit Cards
Daursessy asked 5 years ago

Ok so I have about 70,000 in CC debt and I am about to pay off 50,000 of this debt this week but would like some insight on the best way to do so that will increase credit score. Should I pay off highest cards and still have about 11 cards all under 3000 or pay down cards to get debt ratio say under 20% on all cards? I kinda want to pay off all high balances which will knock out about 12 cards but will still leave some other cards with high utilization. Hopefully I will pay off other 20,000 in next year to get out of debt. Give me your thoughts…

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