Apr
28
Which would you pay off?
Filed Under free money to pay off debt | 5 Comments
Paul H asked:
Would you pay off 2700.00 on a car loan at 4.9% and 300.00 a month for approx. 9 more months or 3,300 in credit card debt at 8.9%?
Would you pay off 2700.00 on a car loan at 4.9% and 300.00 a month for approx. 9 more months or 3,300 in credit card debt at 8.9%?
We send approx. 80.00 a month over the scheduled credit card payment each month.
My wife says keep making the car payments as others will see we make all our payments on time and then add more to the credit card debt.