Which debt to pay first?
Date: Wed, 07/16/2008 - 14:55
Hi Everyone, income challenged. Should I pay my secured debt loans first, ie: Morgt's, auto before CC'S. Which is worse for your credit and or collections. I'm trying to organize my own debt settlement plan this month. What about the State you live in. Is there a site that has info on debt issues/penalties/etc? Any feedback would be greatly appreciated? Thank you.
Well to answer part of your question you definetely want to pay
Well to answer part of your question you definetely want to pay your secured debts first...mortgage and auto, utilities and then work on your unsecured debts.
Other people will be along to advise you further.
