I received my tax refund of $900 and i’m trying to decide where to apply it
A) to one credit card balance $1600 / limit $11000 APR 25%
B) Installment loan $600/1200 APR 0%
C) Credit card $4300/$6300 with temporary 0% APR
(other credit cards and accounts in good standing)

I wonder if i should try and get ahead more with the higher balance even tho no interest bc I’ll be applying for mortgage soon and looking at utilization. I know still more to go for under 25% but it’s a start

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How is this a question. Apply it to the highest interest rate loan.

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You’ll also more quickly be able to lower your #of accounts carrying balances, which will factor into your loan-worthiness

helpful

A

likesmart

How do you have so much debt

Ahhh sorry I misread, I thought you wrote you had $11k in debt for one of the categories - you’re actually doing great 😀

A

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