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Detailed text transcripts for TV channel - CNN - 20100514:16:46:00 - Vimarsana News

Detailed text transcripts for TV channel - CNN - 20100514:16:46:00

Management, and donna, senior writer with "money" magazine. thank you for being here today. let's get right to our first question which comes from dee who writes in, if you have a credit card that is closed and a current credit card both with balances, which one should you pay off first? >> what do you say, ryan? >> this volatile economy, cash is king. have capital for emergencies if next best thing, bay your minimums, that line of credit you have access to. the one you still have open and available to you, pay that down and you will be able to open up and have a larger line of credit for case...