Important
Date: Mon, 02/02/2009 - 14:14
I would pay the monthly minimum on all the cards and any extra t
I would pay the monthly minimum on all the cards and any extra to the cards with the highest interest rates.
That's good advice from Jmagee. Another idea is to pay off enti
That's good advice from Jmagee. Another idea is to pay off entirely your lowest balance card(s) off, spread the rest among the minimums, and continue to snowball this into the months to follow.
i would pay off all the small ones, by freeing them up, what you
i would pay off all the small ones, by freeing them up, what you would normally pay on those you can hit on the larger ones. say you free up your 5 small cards minimums 30.00 a month, that would be 150.00 you freed up and you would almost be able to pay off the 6th one. after the 6th one is paid off start applying 180.00 to the next lowest card till its paid off. when its paid that will give you 210.00 to the next one. hope this helps
