Whats the best way?

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Whats the best way?

Postby trd01 » Mon Jun 01, 2009 7:28 pm

Guys, Whats better?

Paying off 1 credit card with 700$ balance or paying 3 credit cards with small balances that equals to 700?

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Postby Cucumber » Wed Jun 03, 2009 2:24 am

Hmm.... go with whatever card or cards have the lowest interest rate. As long as the balance is no more than 30% of your available credit on any given card, you are good. So if $700 is <30% of a card's limit, it's OK to put the entire balance on it if that card's APR is lowest.

What cards do you have?
Stop talking crap about him!

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