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re: Tips for paying off debt?
Posted on 6/25/15 at 7:36 am to StringedInstruments
Posted on 6/25/15 at 7:36 am to StringedInstruments
quote:
I can't help but think that paying the minimums for a while and establishing an emergency fund would benefit me more.
If you have credit card debt this is absolutely false. Pay down the cards as aggressively as possible. If "shite happens" you can charge it back up if you have to.
Another thing to consider is that if you have a history of paying on time, call your card issuers and ask for a rate reduction. It doesn't hurt to ask and they might do it.
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