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WHICH DEBT SHOULD I PAY OFF FIRST?
Compare paying the smallest balance first with paying the highest rate first, using your own debts. About 3 minutes. No sign up.
Question 1 of 2
What debts do you want to pay off?
There are two common ways to choose which debt to pay first: the smallest balance first, or the highest interest rate first. Add up to six debts and see both.
The interest rate is the yearly cost of borrowing. On a statement it is usually called the APR.
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Choose a TimeQuestions first? Call 888 999 9076.
Nonprofit credit counselors can also help, and official federal student loan help is at StudentAid.gov.