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| Fri, 09-16-2005 - 11:04am |
Should I pay off my highest balance first, lowest balance first, or the ones with the highest APR first? How did this work for you? Let me know!
Here's what I've got:
Cross Country Bank $1200 the APR on this is around 25%
Jc Penney $500
Victoria Secret $500
Capital One $450
Capital One $375
Chase $300 The APR on this is around 23%
Dell $250 The APR on this is 30% !!!! Yikes!!!!
I'm not exactly sure what the APR on the rest of them are.

I personally like to pay off the smallest balance first. It gives me a sense of accomplishment.
IF you pay off dell ($250), you will be freeing up money. You would then be able to snowflake that to your next card at $300.
Good luck in what you decide.
MYM
I like a mixed approach.
Hi,
Could you combine all your balances on one card? We often get offers in the mail that offer 0% rate for one year. If you could combine them on one of those you would only have to pay one account and could avoid finance charges.
Good luck