- How It Works|
- FAQs|
- Help
- Log In to your account |
- Sign up now for free!
Credit Advice
Have a question? Have advice to share? The combined knowledge and experience of everyone in the Credit Karma community can help you. Enter your question or help others below to get started!
Question
credit options to improve score
I currently have 3700 in credit card debt, with two in hand cards and one online card. I am 20yr/o My interest rates are 16.5%, 13.9% and then 20% on the amazon card. Should I open another card with 0 interest for 7 months and transfer all of the balances to the one card, or continue to pay on each card individually, my credit score recently dropped from 729 to 607 and I would really like to get it back up in order to purchase an inexpensive house soon.
Asked by
blueeyedgirl90
1 year ago
Flag this Question
2 responses
- Prev
- 1
Reply To This Question
The Credit Advice pages of the Site may contain messages submitted by users over whom Credit Karma has no control. Credit Karma cannot guarantee the accuracy, integrity or quality of any such messages. Some users may post messages that are misleading, untrue or offensive. You must bear all risk associated with your use of the Credit Advice pages and should not rely on messages in making (or refraining from making) any specific financial or other decisions.
Let the community lend a hand!
3 Most Recent Questions in Credit Cards
Can I re-open a closed Amex acct from 1999 that is still showing on CreditKarma?
0 Responses
Asked by FirstLast1
under Credit Cards
Should I get more then one secured credit card
0 Responses
Asked by lilrichard107
under Credit Cards
Credit Card Offers Just For You
These are the most popular credit card offers from Credit Karma members with credit similar to yours.
Credit One Bank® Visa Platinum Card
- Pre-Qualify for a Visa credit card without affecting your credit score
- Get a starting credit line up to $1,500
- No enrollment fee
Capital One® Secured Mastercard®
- Get the credit you need with no processing fees or application fees
- Automatic reporting to the 3 major credit bureaus
- Track credit with access to your credit score and other tools
Copyright© 2007-2012 Credit Karma™, Inc. Credit Karma is a registered trademark of Credit Karma, Inc. All Rights Reserved. Product name, logo, brands, and other trademarks featured or referred to within Credit Karma are the property of their respective trademark holders. This site may be compensated through third party advertisers.
A 620 mid score between the three credit bureaus is required for a FHA mortgage. I suspect that your over 35% utilization of your total credit available. I recommend taking a close look at your monthly budget and cut back where you can and start to chip away at the current balances. Do not apply for another card now. Good Luck.
nandog 1 year ago
Nan's right, you're going to want to get those credit cards paid down and paid off. It will have a more positive outcome.
rabidhunter 1 year ago