Debt and Finance guys

**blackbeSSt** · 02-18-11, 10:02 AM

cc no doubt

**jwbama23** · 02-18-11, 10:06 AM

CC then take what you are spending on the cc and put that on top of your normal vehicle payment

**jnickell100** · 02-18-11, 10:08 AM

Ill be able to pay both off within the the next month so its not like there is going to be a big gap in between time. Im just trying to sell my car so id like to have the pink slip but the CC interest is %17 i believe.

**Ninersnut** · 02-18-11, 10:09 AM

Yeah you always pay what has more interest.

**blackbeSSt** · 02-18-11, 10:12 AM

well 17% on a $1500 balance can't be that much. but if you decide to pay off the car just make sure you don't fukk around and not pay off the cc or keep using it cause that 17% will bite you in the ass over and over again

**FourLengthsClear** · 02-18-11, 10:18 AM

Never pay more interest than you need to.
Settle the CC first.

**JDUB07** · 02-18-11, 10:52 AM

Given the time frame you plan on paying it off in. It is basically a wash. I would pay off car first so in the event something tragic happened it wouldn't be repossessed. But its too marginal of a difference to really matter.

**Statman** · 02-18-11, 10:55 AM

Way too much "juice" (17%) on the CC, clear that first before clearing the car. You never know also that your circumstances could suddenly change (i.e. out of work again) and not having that cc hanging over your head will be a relief.

**doublej95** · 02-18-11, 10:57 AM

Pay the CC off first then the car. Why sell the car when you get it paid off? If it's a decent car that you are not spending money on repairs then keep it and save some money.

**WvGambler** · 02-18-11, 10:57 AM

CC first. There's been many times where I said "I can pay that off too in a month" and it just didn't work out like that. Take care of the CC to be safe.

**sonnyhowitzer** · 02-18-11, 11:07 AM

how do you get a loan.

**tanner40** · 02-18-11, 11:09 AM

As most have said, CC first.

Best of luck

**RbN** · 02-18-11, 11:10 AM

Dont worry so much man. 17% on 1500 a year is like 20 euro a month roughly. What are we discussing about? Jeez just pay it off when you get the chance.

**forsberg21** · 02-18-11, 11:42 AM

Originally posted by jnickell100

I got a new job and now and able to pay off my car which i owe about $1500 on still. I have a CC which i owe about the same on. Which should i pay off first?? I would like to pay the car off and have the title in my name, but the CC is higher interest.

You always pay off the one that you're paying the higher rate of interest on.

**szk1983** · 02-18-11, 11:57 AM

never take out loans to gamble with

**jnickell100** · 02-18-11, 08:09 PM

Originally posted by doublej95

Pay the CC off first then the car. Why sell the car when you get it paid off? If it's a decent car that you are not spending money on repairs then keep it and save some money.

I dont need it anymore. It was my primary car, but i got a new job and now have a company truck with a gas card that i can drive anywhere at anytime so i have no need for it anymore.

**doublej95** · 02-18-11, 08:14 PM

Originally posted by jnickell100

I dont need it anymore. It was my primary car, but i got a new job and now have a company truck with a gas card that i can drive anywhere at anytime so i have no need for it anymore.

smart move then. and always put you some money back each time you get paid in to savings.