Multiple debt
Date: Thu, 10/22/2009 - 09:32
I am trying to pay off multiple credit cards and student loans. I am not sure which is better to pay off first: credit cards still with the actual credit card company (discover, chase, etc) with a larger balance ($2000-$4000 range) or smaller debts ($400-$500 range) that have gone to collections. Which should I attack first?
I personally would focus on knocking out the credit cards first
I personally would focus on knocking out the credit cards first because of the money you are throwing away each money in interest.
