So I owe four places 800 dollars each give a few bucks on some. Every two weeks for the next year I will have an additional 400 bucks. That's 800 per month and I could pay off one per month. But is it better to pay 200 per month on each?
What interest rates are they charging you? I would personally pay off the one with the highest interest rate first, then move on to the next.
I would look to see if any of these accounts are charging interest and pay off the account that has the highest rate first. Then the next one with the highest interest rate. If interest really isn't a issue then I would pay them off the way that is most motivating to you. If paying one account completely and moving on to the next is more satisfying to you then I would do that. The most important thing is that you complete your plan of paying off the debt that you owe. Thanks! Heather with BoostMyScore.NET
No interest rate on any they are all collections accounts. I just don't know if I should have a payment history of paying it off or just do one lump sum.
