Updated over 4 years ago on .
Eliminate Credit Card Debt Quickly Dipped Credit
Hello guys,
Recently acquired a 2 family.
Tenant should be moving in soon.
The process went over budget (more than expected).
The result is I am carrying credit card debt.
I have a plan to pay it down to zero that will work just fine (the avalanche method).
I would like to speed up the process though and pay less interest in the process.
My credit score has dipped as a result of the credit card debt (to around 624).
So may not be eligible for a 0% balance transfer or personal loan.
Ultimately I want to get my credit score back into the excellent range for when I refinance out of the FHA loan.
Any hacks or tips that anybody could share would be greatly appreciated.
Thank you in advance to anybody who has any advice to offer.
No canvasing please.