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!


Posted in Credit Scores
Profile Image

Question By

0 Contributions
0 People Helped
How Do I Pay off Debt for Maximum Credit Score Effect
Currently have 15 CC accounts, all with balances at or near the limit. Total Debt is $44,100. Credit Utilization is 87%. I have no late/missed payments and FICO is 687. I have $25,750 to apply towards this debt. For maximum positive effect on my FICO, what is the proper strategy for paying off the debt. Pay all down to 30%? Pay higher interest cards off completely while leaving others at 80-90% utilization? My goal is to increase my credit score such that I can get better rates and pay the remaining debt off faster.

Your Credit Scores Should Be Free. And Now They Are.

View your scores and reports anytime.


Reply to this Question

Write your response:
Enter Your Comments

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.