One of their recommended steps for "playing the credit card game" is to first call the credit card company and ask them to lower your APR before you transfer - they tell you that having another named card and interest rate ready helps in getting them to lower the rate. So maybe try that before transferring?
Given what I know about credit scores and histories, it would be best for you to leave one card open, even tho it shows no balance. This shows potential lenders you're responsible with credit and haven't charged up to your maximums, which is what your report may look like if you transfer all of your balances to one and close the other. Make sense?
I have monthly monitoring through TransUnion and for something like $9.95/month, you get unlimited pulls of your credit report, their FICO score for you, and some advice on how to increase your score. Might be something to check into, too.
http://www.oprah.com/money/debtdiet/steps/debtdiet_steps_main.jhtml
Oprah's Debt Diet - it's amazing!
One of their recommended steps for "playing the credit card game" is to first call the credit card company and ask them to lower your APR before you transfer - they tell you that having another named card and interest rate ready helps in getting them to lower the rate. So maybe try that before transferring?
Given what I know about credit scores and histories, it would be best for you to leave one card open, even tho it shows no balance. This shows potential lenders you're responsible with credit and haven't charged up to your maximums, which is what your report may look like if you transfer all of your balances to one and close the other. Make sense?
I have monthly monitoring through TransUnion and for something like $9.95/month, you get unlimited pulls of your credit report, their FICO score for you, and some advice on how to increase your score. Might be something to check into, too.
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