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Old 03-15-2009, 05:28 PM
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deadgoon deadgoon is offline
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I mostly agree with cptacek. However, I'd go ahead and knock off that Ikea card this month. It's one less thing to worry about. Then I'd throw everything at the credit card until it is gone (~ 6 months). Then I'd hit the student loans in the order 6, 7, 5, 1, 2, 3, 4. 6 and 7 have a higher interest rate and you can knock them off in one month each. 5 is next because of the interest rate, then 1 - 4 in order of smallest to largest. I'd leave the equity line until last because it is cheap, large, and the student loans aren't backruptable so if the worst happens at least you'll have them paid off.
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