What Should He Do?
Hi all,
I someone that has 4 credit cards all maxed out...What should he do?
1. Get a credit card and transfere all of them to the new one?
2. Pay off at least two of them?
3. Keep all of them and just pay enough money on them so the cards can have a low balance?
thanks....
Try to get a lower or 0% interest card to transfer them to which probably can not be done with owing that much. if not pay minimum on all cards and anything possible extrra on the highest percentage card. and when that one is paid off work on the next highest card.[ Edited by cdkerr1 on Date 02/09/2005 ]
ok thanks for the info...
Do you think 4 credit cards is alot on a credit report?