Rabu, 18 April 2012

Which debt should I focus on first? Car payment, student loan or mortgage?

by YoTuT
Question by heather_heather: Which debt should I focus on first? Car payment, student loan or mortgage?
I have a car payment at 4.9%, (private) student loan at 10%, and a mortgage at 9.35% (but this mortgage was only for 10% of the purchase price of my house). I don't have any credit card debt, and I have saved for a 6 month contingency fund. I'd like to focus on one of these debts to pay down first. I'd like to know which debt is considered the "worst." For example, I know credit

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