|
1st, imo you need to actually spend time and most likely some money to talk to a professional to make sure you get the right answers and not ask random people on here.
2nd, while paying off your cards will increase your score, realistically you won't see a 100 point jump. Also keep in mind the amount of debt you have plays a part in your score. You're not eliminating your debt (the only real way to raise your score at this point), you're just shuffling it around. Opening up one big personal loan to pay off your cards will drop your score as much as paying off your cards will raise it causing your score to stay roughly the same.
|