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wantoutofdebtnow

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Is it better to pay off high interest credit cards first vs. paying them ALL down to 30%??
I have several credit card accounts, some having higher interest than others. Which is better for my credit score??....paying them all down to 30% of their individual credit limits and THEN focusing on the ones with higher interest?...or paing off high interest cards first?

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Credit-wise it would be better to pay them all down to less than thirty percent utilization. Financially it would be better to pay off the high interest cards first.

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I would pay the high interest first. Just make sure you are paying at least the minimum on the other cards as well. Try to bring down your total below 30% on your combined debt.

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