Posts Tagged Payment Schedule
should i use my savings to pay off most of my credit debt?
Posted by admin in Credit Cards on December 29th, 2009
luvahun410 asked:
So I have $4000 of credit debt. I’ve got a payment schedule that the monthly minimum is about $100, but I usually send in $300. I make about $1600 a month after taxes, so it manageable.
So I have $4000 of credit debt. I’ve got a payment schedule that the monthly minimum is about $100, but I usually send in $300. I make about $1600 a month after taxes, so it manageable.
I have $2500 in my savings account. Should I go ahead and use this money to pay off some of my credit debt? Or use some it? Or just keep saving.
Thanks for reading. Any feedback appreciated!
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