I’m new here and haven’t asked for much help before, but I’m curious what Reddit thinks is the best choice. Without going into many details I have a small amount of credit card debt, roughly around $5,000. I’m pretty confident I’ll get it paid off soon enough, probably within a few months hopefully, but I just recently had an auto insurance claim that happened to pay out about, you guessed it, $5,000. The damages are mostly cosmetic and really not serious and I can pretty easily use it to eliminate that debt. Would that be a smart decision and then paying for the damages myself at a later time?
For context I own my home and have a mortgage already. I don’t have the best credit score but it’s not the worst either. I owe about 10k on the car still. It’s just a sudden, random influx of cash and I’m not convinced cosmetically fixing the car is the best use of it? Thanks.
Submitted August 04, 2023 at 09:57PM by Transky13 https://ift.tt/1vqdTbk
