Hi all I make 50k a year. I have two credit cards with chase and Wells Fargo. Both have a balance of 1500 or so. The credit limit on both cards together is about 9500 combined.
Wells Fargo is like 24% interest rate: $1500 balance And the chase credit card is at 17%: $1500 balance.
I have $1000 extra this month and want to pay that towards my cc debt. Should I pay 500 to each credit card or use it all to pay down the higher interest rate card?
I’m wanting to finance a used vehicle and hoping this will help increase my credit score so I’ll get a good rate. My score currently is a 663. I’m trying to reach 700 credit score.
Thanks
Submitted April 04, 2018 at 08:51AM by cardeal2018 https://ift.tt/2GWFmyq
