My wife and I still live with their parents. In addition, I work two jobs. Without housing costs, such as rent, utilities, cable, food, I put my money on the credit card payment. In January and February, we are waiting for their own house in force. Now extra money goes on credit cards. I have 3 of them, and everyone is completely maximized in the vicinity. But I'm afraid, although I will have 3 under 30% limit, it will remain difficult to get into a mortgage with no down payment. Is it better for me, the extra money stock, of which half of DC, and the other half goes into savings for the down payment? Or is my payment of a debt worth more than my dream of owning a house?

My credit:

1. To limit 7500, 7350 balance of 12.9%

2. 6000/5800 13.9%

3. 1100/900 10.9%

Answer

I am in a similar situation for you. Work to do this, your debts are paid first. Not only the low wages, but it was worth it. You lose too much money in interest charges, which carry a balance, the following months. In this way, to show that the solvency of the credit bureaus and your guests to help. Most lenders do not give the company, if you have a FICO score of 700 or higher installed, anyway. If you can, pay the lowest balance first and stop using the card. Then apply this payment to the card with the higher interest rates increase and the payment to another card if you can afford. They will all receive the benefits sooner than you think, and so have money saved on interest payments. Increased rapidly, and it is that you make it pay off quickly. You will need less than you think for a down payment on a house. And there are government programs to help you if your first home. 5% is a good figure to save. Good luck to you.