Which to pay down? Credit card or car?? |
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csquiggle
New Member
Cash: $ 0.95
Posts: 4
Joined: 26 Feb 2017
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Which to pay down? Credit card or car?? |
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I have $3700. Should I just pay my car for the year $310/month, and then use the car payment to pay down debt? Or, just apply the $3700 straight to the cards?!
Thanks
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Mon Mar 13, 2017 7:10 pm |
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littleroc02us
Moderator
Cash: $ 384.35
Posts: 1891
Joined: 09 Feb 2009
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Since their both debts, how much do you owe on the cc's?
Risk comes from not knowing what you're doing. (Warren Buffet)
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Mon Mar 13, 2017 8:22 pm |
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csquiggle
New Member
Cash: $ 0.95
Posts: 4
Joined: 26 Feb 2017
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We have $30k total on all cards that we are paying down. The smallest one being $1400 (40 payment) and the largest $9000 ($220 payment). I have 2 years left on the least at $310/month. And no, getting rid of the vehicle is not an option.
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Mon Mar 13, 2017 10:11 pm |
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richardbaker
Member
Cash: $ 3.80
Posts: 18
Joined: 14 Dec 2017
Location: Toronto |
Okay!
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Thu Dec 14, 2017 9:08 am |
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