New to this group, been reading for a few weeks and could use some advice. Apologize in advance for the length. Had a BK7 in July 1997. It has falen off TU and EXP but is still on Equifax. I've opened lots of cards with small limits from Cap 1, Orchard, First Premier. The problem is I owe about $6 on them and since my limits are low my utilization rate is high 70% or so. I tried a couple balance transfers but was denied because of high utilization. I also have a loan through my 401K for $5. If I had a loan to pay off the 401K, I could turn around and then take enough money out to pay back the loan and all the card balances. (Can only have 1 loan at a time). Or if I had the balance transfer my utiliztion would go down and score in a bit would go up. When I run the simulators on EQ or privacy guard, it says if I pay the balances down my scores would be between 730-780. The question is are there any good places to go for balance transfers or to get a short term (4 months)unsecured loan for $5. I already have tapped my home equity and don't want to try that again right now. Thanks
