Tuesday, September 28, 2010

Which is the best way of paying off card debt

Which is the best way of paying off card debt, and other unsecured debts? Should you pay the smallest credit card balance first or the one with highest interest rate to get out of debt the fastest?

Some experts recommend you pay off the debt with the smallest balances first, for physiological reasons

However paying off the debt with the highest interest rate first makes more sense financially.

Read more on the best way to pay off card debt

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