LogFAQs > #926240420

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Topic	Just got a credit limit increase what should I pay off?
ProfDE 08/18/19 8:34:37 PM #2:	The thing to really consider is how much the interest is on your credit card versus what the interest is on your income tax. Unless you plan on paying off the card immediately, which given your background information will not likely be the case, the interest on your taxes is likely to be lower than your credit card interest. I would pick rent if anything because you'll need a place to stay. --- SMM: https://supermariomakerbookmark.nintendo.net/profile/KINGARCEUS Pokemon Go: http://www.teamdimensional.net/pogo/ <cite>ProfDE posted [p:926240420] in Just got a... [t:77947969]...</cite> <quote>The thing to really consider is how much the interest is on your credit card versus what the interest is on your income tax. Unless you plan on paying off the card immediately, which given your background information will not likely be the case, the interest on your taxes is likely to be lower than your credit card interest. I would pick rent if anything because you'll need a place to stay. --- SMM: https://supermariomakerbookmark.nintendo.net/profile/KINGARCEUS Pokemon Go: http://www.teamdimensional.net/pogo/</quote> ... Copied to Clipboard!
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