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Old 02-19-2006, 07:39 AM
Lemony Lemony is offline
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Default Re: Credit Card Debt vs An Emergency Fund

Are you getting child support from your ex? You should be.

Your credit limits should not go down if you pay off your bills. If I were you I'd keep a small emergency fund ($500 for now, increase to $1000 later) and use the rest of your money to attack those debts. When those are gone, you'll have a lot more liquidity each month to survive on.
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