Which action will help my credit move the most?

[Anonymous]

In October I entered into a Debt Managemnet Program to pay my $18,000 in credit card debt.  On to of that debt I have a Car Loan with about $8000 left on it.  I have about $4000 to put towards my debt due to some fortunate circumstances.  
I would like thoughts on what to do with that money.  Will paying down my CC debt by $4000 help increase my credit score, or would it be better to pay down my car loan?  

I am also in the process of writing some GoodWill Letters to try and get my late payments off my report.  
Any thoughts would be so greatly appreciated.
Thanks.

Nate

[Anonymous]

My suggestion is to pay down whichever has the higher interest rate so you save money in the long run.

[Anonymous]

I would pay down the credit card debt.  The installment loan will help you with different kinds of credit you have.  So keep paying the car loan as promised.  But the CC is accuring interest if not paid in full so lower that and also the CR's love CC utilization.

[Anonymous]

Agree with others. Pay down the credit card debt first. And here's why:

1.) It's at a higher interest rate than the car loan, so you'll be preventing extra interest from adding to your debt. This allows you to pay off the total faster.

2.) Paying down credit cards lowers your utilization, which improves your credit score

[RonM21]

I'm another for paying the CC debt