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Need Advice you guys

May 20th, 2009 at 10:39 pm

I received a $500 check as a apart of a class action suit. I'm stuck I don't know if I should apply it all to debt or pay 2 car payments with or place it in savings and increase my EF a little while I'm on my debt snowball. What would you do??

Posted in Uncategorized | 3 Comments »

3 Responses to “Need Advice you guys”

  1. creditcardfree Says:
    May 20th, 2009 at 10:57 pm 1242860260
    1242860260

    As long as you have a small EF, I'd always put extra money on the debt. That's how we always done it. Works for us!

  2. Blue Eyes Says:
    May 21st, 2009 at 02:10 am 1242871858
    1242871858

    I agree with creditcardfree.

  3. baselle Says:
    May 21st, 2009 at 05:32 am 1242883977
    1242883977

    Depends on what you feel is more pressing - if your credit card interest is through the roof, go for the debt. If you are worried about keeping your job, the EF.

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