I have roughly $30k in credit card debt, and a current credit score in the high 500s. I had been basically making minimum payments, but due to interest, the balances never really went down. I now have roughly an additional $1,500 I can put towards my credit cards every month which I plan to do.
My question, should I just continue paying off the highest one first with these new larger payments, or is there something else I could do to pay these down faster or get lower interest rates?
I’ve looked into balance transfer cards but am not qualified, and personal loans I’m also not qualified for.
Appreciate any and all help!
Submitted March 10, 2019 at 10:10AM by Molson1020 https://ift.tt/2UufX2o
