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
Thoughts on Debt Consolidation loans??
I finally have all categories at excellent except card utilization. I finally finished paying to put two kids through preschool and can start paying down my cards. I have roughly $20K on 6 cards. Should I just start throwing large payments on each as I am able (now that I'm not paying preschool/daycare bills) or should I roll them onto an interest free card or a consolidated loan with fixed payments? What is better for my credit score? I'm at about 670 due to high utilization.

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.