Monday, July 28, 2008

Revamping plans...

Well, I wasn't able to get one new card with a large enough limit to transfer both existing cards. So my next objective is to find multiple new cards. Of course, I can't go applying to a bunch of them at once, so I have to spread them out.

I have a few offers that have come in; I'll be investigating those. I'm also going to pursue a personal loan from my credit union.

My main priorities are reducing my monthly interest & improving my credit score; both of these would be helped (I think) by moving my credit card debt to a personal loan. The line of credit wouldn't necessarily be renewable, so when it's paid off, I can't keep using it - which is probably a good thing.

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