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which card to pay first
ThirdTimeArounf
Posts: 7 Forumite
in Credit cards
there used to be a calculator you could put in your card balances and interest rates etc and it told you which card to pay extra money off first...anyone know the name of this ?
thanks
thanks
0
Comments
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Google Whats the cost.0
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as a starting point: pay the minimums on all, and focus all possible extra cash on the account with the highest rate.0
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Yes, minimum payments on all, then everything else you've got goes on the highest interest rate.Changing the world, one sarcastic comment at a time.0
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Hi ThirdTime Arounf,
I think you are talking about the SOA Calculator.
Click on the link on the Debt Free Wannabe Sticky or just search for SOA.LBM 05/03/2019(Last updated 05/03/2019) Total Debt = £23,802:mad:/£23,802
BC £8635/£8635
TCC: £6547/£6547
NWCC: £7,170/£7170
Next: £0
OD1:[STRIKE]£1000/£1000 OD2: £450/£4500 -
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The one that has the highest % interest rate.elenasmile wrote: »thank's for the advice. it's really hard to choose which card is to pay first
Pay the minimum payment plus £1 on the others.0
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