Hi! In general, you are exactly right about paying off debt with the highest interest rate first. Interest is basically the fee you pay to borrow money, so you want to jettison the highest fees in your life and keep the lowest ones - until you can pay them all off. So if you can pay off the highest interest rate debt – while still making sure you meet all the other payments ON TIME – then you are right in paying off the higher interest loans. It will be so wonderful when you are done! Way to work so hard on this. Best wishes to you and thanks for writing!
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