Debt!!!

[i6s1]

When you are rich a 800 Fico score doesn't mean anything to you. Warren Buffet said his fico score was only 718.

Wow, that's exactly my score.

[coolspot]

The reason I'm stressing on the credit score is b/c he and his gf and thinking about buying a house later this year, or early next year.

Something is wrong with this picture. Why are you stressing?

[Jacklad]

Something is wrong with this picture. Why are you stressing?

He means "stressing" as in "emphasizing", not as in "being stressed about".

[tigger03]

well, here's an update.

We sat down and did the whole "budget" thing, and figured out where his paychecks were going. He called his cc companies, but they will not lower the interest rate. They said it would be better if he paid up and cancelled.

So what we're going to do are some low rate balance transfers and close up one or two of the high rate credit cards. By "close up" I mean paid in full and not to be used anymore. After that, it's just tackling the highest interest cc to the lowest while paying minimum balance on ALL cards (and LOC).