In essence, I can afford to pay this now at the expense of some savings I've set aside. I'll leave enough of a balance that the minimum payments will roll me right up to september, so it won't close the account (young credit history). I hope this will raise my credit enough to lower my mortgage rate.
I also have 5 student loans coming to fruition here in june, so I'm not sure how this "new" debt will affect my score. I want to create a buffer if I can.
Do you guys have any advice? I'm not worried about paying the debt, but instead about juggling it so that I can have the best outcome.
Should I close the CC account out now, or ride it out with low utilization? Thanks for the help
Submitted April 28, 2017 at 09:42AM by Lulxii http://ift.tt/2qmFFq6
