Finance Questions? Ask a Financial Expert for Answers ASAP
Hello, how are you today?
I'm sorry to hear of your situation
The best thing for you to do would be to pay the $35,000 bill off once and for all - that's first
Then, pay off the $11,700 loan, and that leaves you $20,300 to apply to the other cash loan that you have
You will then only owe $1,000 on cash loan 2.
Take the $900 per month you would have paid on cash loan 1, and apply it cash loan 2 and you will be paid off in one month
Then, for the next few months apply what you would have been paying on these loans to your other debt. This will get your Credit Card B paid off in a little over 3 months
and then your car will be paid off a couple months after that
I hope this makes sense
Do you have any questions?
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No I believe that makes great sense, and I do appreciate it! Thx...