Should I use our savings to pay off our credit card?

Credit and mortgage advice Forums Consumer Credit Improve Credit Should I use our savings to pay off our credit card?

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    • #343093
      Anonymous
      Inactive

      Ok heres a quick breakdown of our Savings and Credit Card Debt.
      At the end of this year this what we will have…

      Savings: $ 5,500
      Credit Card Debt: $ 3,100
      Credit Score: 770

      Do you think i would use what’s in our savings to completely pay off our credit card OR leave the savings alone, continue putting money into it and put money towards paying off the card whenever we can. Our goal is 12,000 to put down on a house…What do you think? Thanks
      The minimum monthly payment for the card is around 70.00. I usually pay 10-15 more than the minimum if I’m not able to put 100-200 towards it



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