Credit & Money Management

SOLVED: Which Debt Should I Pay Off First?

Where to start when you're ready to tackle your debt.

From Kiplinger's Personal Finance magazine, September 2006

Tackle your plastic, because credit cards are likely to carry the highest interest rate.

Consolidate student loans at the lowest possible rate, then compare them with your car loan and focus on the higher-rate debt.

Instead of spreading payments around, concentrate on paying off one balance at a time, especially if the balances are small. You'll get the gratification of seeing yourself make progress.

RELATED LINKS
	What Will it Take to Pay off My Balance?
	Lower Your Debt Right Now
	Escape the Credit Card Trap
	Should I Take a 0% Credit Card Offer?

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