Quote:
Originally Posted by masraum
Pay off the two 5k cards and then put as much as possible each month towards paying off the 10k card.
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Only problem with that is if the two $5k cards have been opened for a long time, it will ding his account history ratio. Keeping the $10k card that is close(r) to it's limit will tank your FICO as well. Having 3 cards with stable history and good balance-to-available-credit ratios is much more favorable than cutting it down to 1 card that is close to it's credit limit.
I should have clarified that my replies are weighted toward maintaining/reestablishing a good credit score, which is not necessarily the quickest path to debt repayment.