You have two credit cards. Card 1 has a current balance of $8,312.69 with an APR of 24.16%, and the credit limit on the card is $10,000. Card 2 has a current balance of $1,180.34 with an APR of 21.15%, and the credit limit on the card is $7,500. Which credit card you should focus on paying off first and why. Be sure to include the credit card AND the reason for paying that card off first.

Answer rating: 100% (QA)

To determine which credit card to focus on paying off first we need to compare the factors that contribute to the overall cost and financial impact of ... View the full answer