I am currently considering buying a home but want to pay down a bit of debt first.
Car Loan: $10,900 @ 5.99%
1. $1098.62 @ 6.55%
2. $3,374.19 @ 3.150%
I make a little over 100k and I’m wondering if there is any real strategy I should use to pay them off? Smaller or bigger debts first? Or just try working on both? I just paid off all my credit cards so those 25%+ APRs can’t terrorize me anymore. I just started making this wage so I’m trying to be more financially responsible and literate.