Getting caught up on the credit card payments that are the least late is best. Your FICO credit score is less effected by the longer unpaid debt that is on your credit report than the one's that are currently past due. So paying on account that is 60 days late will be far more beneficial than paying on account that is 3 years past due. You should organize your credit card statements into two piles: credit cards that are past due less than a year and those past due more than a year. Begin with the first pile. Pay the credit card that is the closet to being current first. Once you pay off the credit cards in the first pile you can move on to the second pile of credit cards that are past due over one year or more.
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