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I would try to equalize each card's balance/limit ratio, with more going towards whatever card is closest to it's limit, then to whichever ones have the highest rates. If all rates and all limits are the same, I'd put $7k towards the $10k card, and $1.5k towards each $5k card. Or, if you plan on using one more that the other(s), pay that one down more.
There is usually no upside to actually closing an account (rather than just paying it down), especially if it is one you have had for a long time. Also, tell him to make more than the minimum payment each month, even if its only by a few dollars more.
Last edited by Eric Coffey; 07-07-2009 at 07:31 PM..
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