house first then cards It depends on what interest rate you're paying. Cards almost always carry higher rates than mortgages, but you should compare and pay off the higher-rate debt first.
how can it get free money to pay off my credit cards
Paying off all credit cards each month Paying off all credit cards each month
Yes Credit cards have an interest charge that applies to your monthly balance as well as a monthly fee for having a card . Credit cards are vwery expensive . You are better off only using cash .
Its best to have only a few credit cards to no credit cards. Say you have 4 credit cards with a 500 limit on each and a zero balance, There is the potential for you to charge 2000.00 whenever you want. When you have so much available credit, Lenders are scared to loan to you, Therefore hurting your credit. Best bet: If you dnt use 'em, Lose 'em.
Paying off all credit cards each month Paying off all credit cards each month
Closing the account will remove the temptation to spend up the cards again but, closing the account can actually lower your credit score. You ought to take that question and your private credit information to a credit counselor for a better answer. By the way, CONGRATULATIONS on paying off the cards!
If you get a loan, pay off credit cards and keep the loan payments current until it is paid off. Your CR will be pretty darn good.
Paying off credit cards can actually help improve your credit score by reducing your overall debt and showing responsible financial behavior.
Paying off credit cards is the first step to a debt-free life. For tips on paying off all of your credit cards, check out websites like The Motley Fool or Money Girl.
Information about paying off credit cards can be found on sites that deal with credit problems. There you can find places to go to to help pay off your credit card debt within your budget.
Yes. Contact your credit card company. They will need the account numbers of your other credit cards.
It is better to pay off the open card that has the higher interest rate.