I am currently in about $24k of credit card debt. I’ve tried personal loans and barely took a dent out of it. I currently have a balance transfer credit card with $4800 on it, and a loan from my 401k for about $20k. A relative passed recently and left me $10k.
I should be able to pay off the $4800 relatively soon thanks to bonuses and my tax return. My question what should I do with the $10k? Put it towards my loan? Or save it and continue paying off the loan until the loan is down to $10k and pay it all off?
Submitted March 24, 2020 at 06:28PM by coronatimethrowaway7 https://ift.tt/2Usp6cY
