lets say i didnt have the money to make the full payment of my credit card for a given month.(i can make the full payment but this crossed my mind)

lets just say that the full payment is 200$ (not that the amount makes a difference).

heres the question

~ if you owe 200$ on credit card #1 and the payment is due on the 30th of every month, and your other credit card(#2) is due on the 15th of every month, and you dont have enough cash to pay credit card #1, can you use credit card #2 to make the full payment, and then have a few more weeks to make the full payment (with out interest)??

and if thats possible could you just use CC#1 to pay for the initial total again for a few more week of time to make the payment in cash?

and wouldthis help boost your credit? b.c you are making full payments on time, but with only a different form of payment?

if you are ill try to restate it.

 

what

 

don't use a CC to pay off another CC.

 

^
dot

 

That's what I did and now I'm fawked.

 

how come?

i dont plan on this, but it was a thought.

 

just send them what you got. overpay the one with the smallest balance.

 

i can make the payment...thats not really the issue

what do you mean by over pay the one with the smallest balance?

like ...

CC1-200$
CC2-50$

so pay CC2 but give them 55$???

 

if CC1 is has $3000 balance on it and CC2 has $800, paying more on the lower balance more will go to the principle instead of interest.

 

always pay off the one with the highest interest amount first.