Philadelphia Nesties
mzovoce
member
Dear Community,
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Our tech team has launched updates to The Nest today. As a result of these updates, members of the Nest Community will need to change their password in order to continue participating in the community. In addition, The Nest community member's avatars will be replaced with generic default avatars. If you wish to revert to your original avatar, you will need to re-upload it via The Nest.
If you have questions about this, please email help@theknot.com.
Thank you.
Note: This only affects The Nest's community members and will not affect members on The Bump or The Knot.
Credit Score Question
Does it matter, since you would be having more available credit either way?
Pay off one credit card at a time OR decrease the balances on all them at the same time (by percentage, ie instead of paying one off in full get them all down to 75%, then 605, etc)? In 12 months they will all be paid off.
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Re: Credit Score Question
Ditto. You essentially owe the most on the highest interest rate so get rid of that one!
My little nuggets
Your credit score takes into consideration your amount of available credit vs amount of used credit. So it's better if, for instance, you have $50,000 of credit available on all of your cards and are using $10,000 of it as opposed to using $30,000 of it
It's better for your wallet to pay down/off the card with the highest interest rate but I'm not 100% certain that it matters for your credit score which card you pay off first.
Whatever you do, make sure you're paying all of them on time. That will make a big difference in your score.
Not sure if that answers your question.
ETA and now I just re read your question and it seems you know this already. Instead of dd'ing I'm just gonna leave this 'cause I'm lazy.