If you're interested in getting more information about your all-important FICO® credit score, check out VideoCreditScore.com.
The site is run by a former FICO® exec, and he's really great at boiling things down to the essential basics. This is the place to get the truth about credit scoring and what you need to know about it.
Interestingly, one of the myths he dispels about credit scoring is that paying off highest-interest credit cards first is good for your score. I hadn't actually heard of that myth, but he explains that in the short term, you should pay off the highest utilized cards first, rather than the ones with the highest interest rates. That makes sense, if you're aim is to improve your score. I personally counsel readers to pay off the highest interest rate cards first because that makes the most sense financially, but if you need to improve your credit score in the short term, try to pay down the most utilized cards first.
Check out the videos on his site for more information about this and other credit score related topics.
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