pay credit card or personal loan

[juniornj23]

I have a 4500 peronal loan with one main financial
and i do have 5300 credit card debt
my tax came in today.who should I pay first my credit card or personal loan so i can bumb my credit score

[Anonymous]

Is CC debt for one card or combined?

If CC debt is over several cards, if the money you received allows it try to lover your balances on CC to 30% and meet the minimim payment from now on. then if you have money left try to refinance the loan and pay it monthly in big chunks over 12 month or more, having them reopen the account can help your score in the future.

[Anonymous]

Paying your revolving debt will result in an immediate score rise. Paying down an installment loan...not so much.

Having said that, it may be financially wiser to pay the PL if the interest is higher that the CC debt.

Is there a pressing need for higher scores? If not, just pay whatever has the highest interest rate.

[juniornj23]

My load is 31 % is killing me @ 5 years one main financial .card im paying down 2time faster then before

[Anonymous]

Credit Card for sure

[StartingOver10]

---

@juniornj23 wrote:
@Anonymous load is 31 % is killing me @ 5 years one main financial .cardim paying down2time faster then before

---

Pay off that loan. Normally I would say cc debt so it reflects in your score, but that is a terrible loan you have and it is best to get it paid in full and then accelerate your cc payments. Hopefully you can pay it off and be done with them for good.