ST Alpha - "That doesn't free up really that much, only around 30 a month. The highest total debt one is 70 a month, but I bet the chunk would only pull it down " (Reading a Post)

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In response to "pay off the high interest card. Then focus the moneyh you had been using to pay that card off to the high debt -- nm" by Remlik

That doesn't free up really that much, only around 30 a month. The highest total debt one is 70 a month, but I bet the chunk would only pull it down

Posted by Qale (aka Qale) Jul 7 '09, 21:21

to maybe in the 50ish range.

Responses:

then put 100% there. -- nm - loosilu Jul 7, 21:22 7
- There as in highest interest, or there highest total debt and highest monthly annoyance. -- nm - Qale Jul 7, 21:25 6
  - Put 100% toward the highest interest rate. Don't be fooled by monthly payments, that's what got you in trouble in the first place, mst likely. - loosilu Jul 7, 21:27 5
    - You're actually still combining the two amounts but I get what you're saying. - Qale Jul 7, 21:37 1
      - ah, sorry, got confused. -- nm - loosilu Jul 7, 21:39
    - Right, the high interest is costing him more every month that it's there. - Ender Jul 7, 21:30 2
      - There is the added psychological effect I'll have by having it completely gone too. -- nm - Qale Jul 7, 21:36 1
        
        it is a definite booster. -- nm - b! Jul 7, 21:37

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