What to pay off first??
Date: Thu, 02/17/2011 - 09:01
First of all I don't have any credit cards, but I do have several loans at finance companies. I have almost 7000 to pay some of the debt off. I just need to know what to pay first. Can someone please help? We would like to increase our chances of purchasing a new home this year and I just need to know what would benefit us the most and raise our credit scores the quickest.
What are your balances and interest rates on the loans you have?
What are your balances and interest rates on the loans you have?
What to pay off first?
I have one that is 871.00 at 33% int. (outrageous I know)
one that is 468.88 at 25%
one that is 2986.47 at 24%
one that is 3900.00 at 24.9%
one that is 4373.00 at 24.9%
I want to keep a little to put back in case of emergency too.
I think you should pay high interest rate first.... it will be m
I think you should pay high interest rate first.... it will be more convenient to you.