Today after yoga, I am going to make my payment to Kohls and be one less indebted. Next will be a lump payment to Discover. It will be paid down to 4000, maybe a little less. After this payment, I will owe 10K in credit card debt over 2 cards. I decided to pay it down now so that come August when I have to replace my vehicle, it will hopefully be reflected in my credit report. This debt could have been paid a lot sooner if my credit union had granted me a consolidation loan.
I need to look into how my credit score will be affected by my closing accounts that are on my account, but haven’t used in years. Anyone know?