AJ, credit karma states that if I pay off my balances, only, no other changes, that my score will go up 21 points. That is just a predictor, of course, but it's already what I plan to do, so that will be helpful. If I were ONLY to open a new card with a limit of $500 it predicts an increase of 29 points. Weird. And if I do BOTH, pay off all balances and open a new card with a limit of $500, it predicts an increase of 29 points. So, i think for now, I will just pay off all the balances, diligently only use 15% or less on each card, wait 4 months or so, and revisit the issue, meanwhile just concentrating on saving money. Then I will come back and probably have a lot more questions! LOL. I'd like to eventually get to where I have just two cards, and have no annual fee and low rates, and perhaps some kind of rewards/points for something I would actually use... Thanks to everyone who piped up about this. I'm sure it seems boring and redundant for those more savvy than I, so I doubly appreciate the time and effort!
Best Of |
Favorites & Replies |
Start a New Board |
My Fool |
BATS data provided in real-time. NYSE, NASDAQ and NYSEMKT data delayed 15 minutes.
Real-Time prices provided by BATS. Market data provided by Interactive Data.
Company fundamental data provided by Morningstar. Earnings Estimates, Analyst Ra