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Easy credit card question for those in the know about these things
Post date: 2020-02-22 17:29:12
Views: 136
How much should I pay down each credit card account?
I have just been finally paid $4000 from a contract. I don't need this money for anything but to pay down credit card debt.
I have one credit card on which I owe $7500 with 19.8% interest.
I have one credit card on which I owe $16000 with 20.99% interest.
Both cards are close to their limit.
Should I just put all on the larger debt and higher interest? Or is it better for my credit score to get both cards clearer of their limits?
In Canada.
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