When paying off debts, you should?
a)pay the minimum
b)pay as much as possible
c)pay the minimum and save money in an emergency fund.... or
d)pay more than the minimum and save money in an emergency fund.

Question

When paying off debts, you should?
a)pay the minimum 
b)pay as much as possible
c)pay the minimum and save money in an emergency fund.... or
d)pay more than the minimum and save money in an emergency fund.

anonymous · Answer

Depends on your contract. Some companies let you pay in small installments without raising the rates.

anonymous · Answer

Pay as much as possible, because the next time you will have to pay the debt plus the other % of the debt