Paying off Debt: Highest Interest or Smallest Amount?

You’ve got a little extra money and want to destroy some debt. But which should you pay off first – the smallest debt, or the one with the highest interest rate?

Questions or comments? We’d love to hear from you. Just click the “comment” link below to sound off.

If you're looking for Cumberland real estate, we can help you with your home search. We also service Lincoln, Smithfield, North Smithfield, Providence and surrounding areas, as well as many communities in Massachusettes, such as Attleboro, North Attleboro, Foxboro, Franklin and Mansfield. To begin searching for Cumberland real estate now, simply click the "Search for Cumberland RI Real Estate" link at the top of bottom of this page.