BeeVee wrote:Should I take it?
Your call to make. Can you avoid running up even more credit card debt if you use it to pay off your cards?
BeeVee wrote:I got the approval but I haven't sent my documents yet to Prosper..having second thoughts on this fixed amount. Can I still back out or let it just fizzle out since I won't take it if not worth it.
It will probably report either way so you've already taken the hard pull, hit to AAoA, etc.
BeeVee wrote:always more than the minimum
The minimums don't really matter aside from being the requirements to keep your accounts current. What really matters is the impact your payments have on your revolving utilization.