Paying off debt

From: Iron Foot <ironfoot@dorsai.org>
Subject: Paying off debt
Date: Mon, 25 May 1998 21:45:09 -0400 (edt)

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	Greetings all!

	Does it matter how I pay off debt? I've run up a couple of credit
cards well past their limit and have *not* paid off on the cards until
recently. But I've decided to take some control here and have begun to pay
off the cards slowly - even getting one card under the credit limit so as
to not pay over credit fees.

	Now, I've come into some money and theoretically could pay off all
of the debt. But my credit is so lousy that I'm thinking that it would be
better for me to slowly pay off the cards so as to rebuild my credit
history.

	So what's a guy to do? Pay off the cards all at once? Or pay them
off slowly? According to the credit rating people, does it matter?

	Thanks.




Elliott
ironfoot@dorsai.org




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