Janet has an outstanding balance on four different credit cards. Which method of paying off her credit card debt will be the easiest to track while still saving money?

Question

anonymous · Answer

paying the minimum balance each month

 making fixed payments

 snowballing her payments according to the highest interest rate

 snowballing her payments according to the lowest balance

anonymous · Answer

"Easier to track across 4 different credit cards" means CONSTANT.  This equates to FIXED monthly payments.

Take care!

anonymous · Answer

Minimum monthly payment sounds correct, but it isn't because that particular payment amount varies from month to month. So you really may not know what to expect.

anonymous · Answer

So again, choice (B).

anonymous · Answer

Thank you so  much. You helped a lot

anonymous · Answer

You're welcome! Take care

anonymous · Answer

You too!