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Focus on Credit Card Debt First


As a rule of thumb, you’ll want to prioritize credit card debt first and foremost, followed by unsubsidized debt with high interest, then the rest of your student loan debt or other subsidized debt, then finally debt with collateral like mortgages and car loans. All things usually have a minimum payment, though, so always keep this in mind. You can also “consolidate” your loans, although be careful as there are plenty of con-artists willing to take your loans and charge you MORE interest, or fees, than if you kept them separate!


  1. Prioritize credit card debt first, then unsubsidized debt.
  2. Other non-collateral based debt, like student loans.
  3. Make note of minimum payments and dates.
  4. Consolidation is an option, but beware of con-artists.