2006-08-03 11:09:25 · 6 answers · asked by Anonymous in Business & Finance ➔ Credit
Pay down the 18.9 %. 9/07 is over a year away.
2006-08-03 11:17:15 · answer #1 · answered by Johnsmatrix 3 · 4⤊ 3⤋
First focus on paying the card with 18.9. That's the killer right there.
Second, attack down the 0 zero interest.
Your ultimate goal is get out of debt totally before 09/07. After that. try not to use credit carelessly. If you want to be wealthy. Credit card is not one of the solution
2006-08-03 20:35:28 · answer #2 · answered by Hoa N 6 · 0⤊ 0⤋
JohnsMatrix is correct, pay in the order of the interest now. Get the balances as low as possible and then transfer to another 0% interest card if you can until they are paid in full. Then, once those cards are paid off, start socking the money you were sending to the balances away in a savings account. That way, you do not have to use credit cards in the future and pay that nasty interest!
2006-08-03 18:52:47 · answer #3 · answered by jake_deyo 4 · 0⤊ 0⤋
I'd say pay off the higher balance.
2006-08-03 18:47:10 · answer #4 · answered by MaknMeCrzy 2 · 0⤊ 0⤋
Pay it all off, why pay any interest
2006-08-03 18:12:38 · answer #5 · answered by Tapan 4 · 0⤊ 0⤋
Pay the one with the most interset first
----------------------------------------------------------------
http://www.bestcreditrates.net
2006-08-03 18:48:28 · answer #6 · answered by BIjan 2 · 0⤊ 0⤋