Which Credit Card Should We Pay off First to Get Out of Debt?
Question: Would it be wiser to make extra payments to pay down a credit card that has a 0 percent interest rate with a somewhat large balance (around $6,000) or to make extra payments to pay down a credit card with a smaller balance (around $2,000) and 11 percent interest? I’m trying to decide which one to pay down on first. The card with 0 percent is for the life of the loan. Answer- Here’s to Eliminate Debt Fast! …