Sound Advice from Jerry Vigorito

Market Snapshot 3.31

Do not consolidate your debt!  It is better to keep your balances lower on multiple credit cards than to consolidate them onto 1 or 2 credit cards.  Credit card companies will interpret higher balances as being “maxed out” and this will negatively affect your credit score.

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Leann Ratner, Realtor | licensed in the state of CT | William Raveis Real Estate | Al Filippone Associates | 75 Station Street, Southport, CT 06890 | Page last updated: March 31, 2015 @ 5:24 pm