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re: Debt Payoff Strategy Advice

Posted on 7/16/13 at 9:03 am to
Posted by iknowmorethanyou
Paydirt
Member since Jul 2007
6550 posts
Posted on 7/16/13 at 9:03 am to
Send $ to your lienholder
Posted by LSUengineer12
The Best Side
Member since Dec 2011
1850 posts
Posted on 7/16/13 at 9:06 am to
quote:

Send $ to your lienholder


I was asking for more along the lines of which loan to attack the most first. I know the rule of thumb is the one with the most interest, but the trailer is essentially paying for itself. Should I take the extra $298.10 from the trailer and put it towards the truck, or do something else? What's the best strategy?
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