Tuesday, April 05, 2005

Which should I pay off first? Car or Credit Cards

Q: My husband and I recently got our tax refund of about $5,000. We have a car loan with about $5,000 remaining and about $3,700 in credit-card debt.
Which one would be better to pay off? We are hoping to purchase a house next year and want to improve our credit score.
— Christine, Pennsylvania



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Enjoy your savings!
Theresa

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