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> The other cards have very low limits ~ $1000 each and do carry some
> balance. We are trying to get the lowest rates paid so we can transfer
> some of the high interest balance to the lower rate card.

You're doing that backwards: make min payments on the low interest
loan so you can pay more on the high interest one. See if the lower
rate card companies will raise their limits so you can get more
off the high rate card.

If you've got another $1000 in availible credit at 10%,
applying it to 24% debt will save $140 a year in reduced

Check on the applicable state usury limit.
the max in R.I. (from your profile) is 21%
(24% would be illegal). A bank operating in
Ct seems to be limited to 12% per that same page.
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