Question by Cooter: should I pay off the credit cards or the loans?
I am trying to buy a house. which is more beneficial to pay off first to qualify for the most money from the bank.
I have a couple car loans and a couple credit cards. Say I have a 5000$ credit card and a 5000$ car loan and I have the money to pay one off. Which one should I pay off the get the biggest home loan qualification.
Best answer:
Answer by lost
Pay off what ever has the highest intrest.
What do you think? Answer below!
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