TopHot
Does it make sense to pay off my 5k CC debt at once and then just pay myself back?
Does it make sense to pay off my 5k CC debt at once and then just pay myself back? Quick overview: I owe about 5k between two credit cards, both at roughly 20-25% APR. I also have about 30k sitting in a money market earning about 5.2% which is my fund for my next house down payment. Would it make sense to just pull most of that from the money market, pay the cards off, and then just basically set up a payment plan back to myse...
Category:
