Thread: Home Loan
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Old 02-03-2007, 07:50 AM
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Default Re: Home Loan

Quote:
Originally Posted by PAZach
How would you recommend I attack this debt. Which card first and how much?
2. Highest interest rate. Get rid of that first.

1. Highest balance relative to limit.

3. Next highest balance relative to limit.

4. Next highest balance relative to limit.

In the future, ideally, you should always pay your bills in full each month. If, however, there is some emergency and you need to carry a balance, it shouldn't exceed 30% of your available credit line.
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