I am getting a $5k holiday bonus at the end of this month. After taxes that should be around $3.3k or so. I have got a ton of credit card debt, some are on an auto payback plan an others are not.
Card A $1740 0% auto repaying at $175/month
Card B $2950 0% auto repaying at $101/month
Card C $2750 0% auto repaying at $88/month
Card D $9800 0% auto repaying at $175/month
Card E $3800 0% auto repaying at $135/month
Card F $2300 0% auto repaying at $65/month
Card G $570 0% making regular payments
Card H $500 0% making regular payments
Card I $1130 29.99% making regular payments
Card J $80 17.99% making regular payments
Card K $2800 3.99% auto repaying at $100/month
Card L $3100 3.99% auto repaying at $100/month
Card M $1200 0% auto repaying at $600/month (two more payments left!)
I also have like 60k in student loans at various amounts.
So yeah there is a lot of damage and $3.3k is barely going to make a dent but ever cent counts. "Card I" is an obvious choice to knock out because of its super high APR (They aren't willing to lower it, I have asked multiple times). That leaves $2170. I am thinking about taking $600 for savings since I have none, so that would leave $1570 to go around. I have no idea what makes most sense. It would feel good to get rid of Card G&H, but since there is no APR on those, would it make more sense to put the money somewhere else?
Card A $1740 0% auto repaying at $175/month
Card B $2950 0% auto repaying at $101/month
Card C $2750 0% auto repaying at $88/month
Card D $9800 0% auto repaying at $175/month
Card E $3800 0% auto repaying at $135/month
Card F $2300 0% auto repaying at $65/month
Card G $570 0% making regular payments
Card H $500 0% making regular payments
Card I $1130 29.99% making regular payments
Card J $80 17.99% making regular payments
Card K $2800 3.99% auto repaying at $100/month
Card L $3100 3.99% auto repaying at $100/month
Card M $1200 0% auto repaying at $600/month (two more payments left!)
I also have like 60k in student loans at various amounts.
So yeah there is a lot of damage and $3.3k is barely going to make a dent but ever cent counts. "Card I" is an obvious choice to knock out because of its super high APR (They aren't willing to lower it, I have asked multiple times). That leaves $2170. I am thinking about taking $600 for savings since I have none, so that would leave $1570 to go around. I have no idea what makes most sense. It would feel good to get rid of Card G&H, but since there is no APR on those, would it make more sense to put the money somewhere else?
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