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CC Debt 13k at 28% vs. 13k loan at 9.5% AP
CC Debt 13k at 28% vs. 13k loan at 9.5% AP This might be a stupid question but here goes. I have 2 credit cards which total $13k with 28.5% APR. I am able to pay $2k a month until they are paid off. I also have the ability to pull 13k from my 401K from fidelity like a personal loan to myself at 9.5% APR. Should I: A. Focus on paying the Credit Cards directly at 28.5% apr per year or ...
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