I have three credit cards (yikes).
Here's a breakdown: (CC=Credit Card)
CC1: 1300 balance at 32% interest rate.
CC2: 300 balance at 0 interest for another 4 months.
CC3: 290 balance at 24% interest.
What would be better...paying off the smaller ones ASAP first, or paying them all down at the same time. I was thinking about tackling the 0 interest one first, and then going after CC3, all while making payments about twice that of my mininum pymt due in my CC1. In other words, I'd be paying off the small ones before really, really tackling the big one.
Looking at it all, I can't believe I'm almost 1900 in debt. That's scary. On top of my 6K in student loans (luckily in deferment since I'm still in school).
2006-11-08
17:49:12
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17 answers
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asked by
krivera_fierro
3
in
Credit