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Paying down CC's

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Anonymous
Not applicable

Paying down CC's

Hi, I am new to the forum.

 

I have some money to put towards my credit card debt.  I cannot pay it all off yet, but wondering if it would be best to pay all of one off, or 2 smaller ones off.  Or does it even make a difference.

 

TIA

Message 1 of 3
2 REPLIES 2
Anonymous
Not applicable

Re: Paying down CC's


@Anonymous wrote:

Hi, I am new to the forum.

 

I have some money to put towards my credit card debt.  I cannot pay it all off yet, but wondering if it would be best to pay all of one off, or 2 smaller ones off.  Or does it even make a difference.

 

TIA


 

Welcome to the forum Mrs.W94,

Could you please provide us more information on each ccs?

1. CL

2. Current Balance

3. APR

Thanks.

Message 2 of 3
Wolf3
Senior Contributor

Re: Paying down CC's

Generally , you pay off them in order of highest APR first.

Message 3 of 3
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