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

Posted in Credit Karma
Profile Image

Question By
buddy5767

0 Contributions
0 People Helped
I owe on 5 credit cards and they all have a 0 % interest what card do I pay most on every month?

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

View your scores and reports anytime.

SIGN UP NOW
All Responses

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next
Top Contributor
14 Contributions
53 People Helped

I am no expert, but base on that you mentioned, all 5 cards have 0% interest.  Find out which cards 0% ends first and start paying the most to that card every month till paid off and so on.  If on all cards the 0% ends around about the same time, then you may want to focus on paying more toward your highest balance.  

Every Card is different, some will tack on any finace charges that would have accured to the remaining balance at the end of the 0% unless paid in full before 0% end date.

Good Luck.

Result 1-1 of 1Results per page: 5 | 10 | 25Page 1 of 1   Previous | Next

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

View your scores and reports anytime.

SIGN UP NOW

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.