All the theories you have been told so far are wrong - First you Debt SnowballPay the Mins on all payments, and then pay all the Extra to the Smallest bill you have. Once that is paid off, you keep working to the biggest.In fact - follow the plans by Dave Ramsey in the book Total Money Makeover.You can also grab his radio show (it is online free if you cant catch it locally).I was able to loose my $70K in debt in only 16 months. I am now - Debt Free!!!It is an awesome feeling.
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