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JohnFx ♦
JohnFx ♦
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I have accumulated 18 000 in debt between my Credit Card (-8000, interest=16%) and Cheque Account Over Draft (-10 000, interest=15%). I make 10 000 per month, and I have around 3000 after all my needs to contribute to the credit repayment.

I would like to know which one I should repay first, or if its better to do both at once.

Thank you :)

I have accumulated 18 000 in debt between my Credit Card (-8000, interest=16%) and Cheque Account Over Draft (-10 000, interest=15%). I make 10 000 per month, and I have around 3000 after all my needs to contribute to the credit repayment.

I would like to know which one I should repay first, or if its better to do both at once.

Thank you :)

I have accumulated 18 000 in debt between my Credit Card (-8000, interest=16%) and Cheque Account Over Draft (-10 000, interest=15%). I make 10 000 per month, and I have around 3000 after all my needs to contribute to the credit repayment.

I would like to know which one I should repay first, or if its better to do both at once.

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user19806
user19806

Paying off Overdraft first or Credit Card

I have accumulated 18 000 in debt between my Credit Card (-8000, interest=16%) and Cheque Account Over Draft (-10 000, interest=15%). I make 10 000 per month, and I have around 3000 after all my needs to contribute to the credit repayment.

I would like to know which one I should repay first, or if its better to do both at once.

Thank you :)