$30K in CC debt, just received a $6K bonus
Im 26 and over the past few years I’ve accumulated over $30k in credit card debt with terrible interest rates. Ive recently received a $6K bonus from work that I want to put towards paying down my debt but not sure what’s the best method. I put a list of of my debt and interest rate below, Im thinking of either paying off my Apple debt completely or splitting the bonus $4k into Discover, and $2k towards Chase.
Chase: $9.2K @ 28%
Apple: $6K @ 27%
Discover: $3.5K @ 25%
Personal Loan: $10K @ 20%