Thread: Credit Card Debt vs An Emergency Fund
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Old 02-18-2006, 03:01 PM
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Default Re: Paying Off Credit Card Debt vs Building An Emergency Fund
Gosh, info, you are between a rock and a hard place. I know if it were me, I would want to get the cards paid off as soon as possible. Never never open a dept. store credit card.
Maybe if you paid that one off, you could take that $40 you are paying on it and put that into your savings account. I don't agree with debt consolidation loans, but maybe in your case you should look into it.
I would call consumer credit counciling and see if they can help you get your interest rates lowered.
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