Eric M asked:
I have 40k in credit card debt. Luckily I have about 60k in the bank. I am ready to pay off all my debt but I wanted to know else I should do to improve my credit score. Should I keep all of these accounts open? Close some? Reduce balances? I’m planning on paying it all off this week, would love your tips.
I have 40k in credit card debt. Luckily I have about 60k in the bank. I am ready to pay off all my debt but I wanted to know else I should do to improve my credit score. Should I keep all of these accounts open? Close some? Reduce balances? I’m planning on paying it all off this week, would love your tips.
Any insights you have would be wonderful.
Sherry Cheon
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