If I have extra money to pay off my cards (selling an investment property), would it be better to pay a few thousand each month or pay them all at once and be done with it? I've noticed some reports show balances from each month for the last year or so. My concern is that paying off $18K and $17K from 2 cards in one month will not help as much as paying down slower. Make sense? Trying to get scores higher.
Stop worrying about your scores, and start worrying about your money. If you are paying more in interest on the accounts than you can earn by investing the money, pay off the cards in full right now. It's not worth paying a CC issuer interest just so you can have a higher score.
Good thought! Been spending so much time in here, starting to get obsessive compulsive about scores! Need to get out more - lol!
