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Jul 1, 2015
10:34
:46
am
Real Men Wear Blue
If the same creditor, you may not get to decide. Many companies simply apply
payments to oldest debt first.
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Real Men Wear Blue
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Real Men Wear Blue
Joined
Jul 12, 2007
Last login
Jun 20, 2024
Total posts
13,943 (230 FO)
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Messages
Author
Time
is it better to pay old or new debts first. same company holds all debts
v1k0u6
7/1/15 10:21am
Depends...
bayareafan1
7/1/15 10:31am
Whichever one has the highest interest rate or fees to pay back
Zenoch
7/1/15 10:32am
If the same creditor, you may not get to decide. Many companies simply apply
Real Men Wear Blue
7/1/15 10:34am
If your intent is to pay off one debt then apply that pmt to the next debt etc.
fulano
7/1/15 10:52am
Snowball Debt Payment does work.
SpiffCoug
7/1/15 10:53am
I never had the discipline to do it back when I was carrying lots of revolving
fulano
7/1/15 10:57am
focus all extra money on one at a time - typically lowest balance or highest
Jersey hunter
7/1/15 10:56am
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