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Marina CMI [18]
3 years ago
12

When Jenny Jimenez was attempting to pay off $37,000 in debt, how did she decide which cards to pay off first?

Business
1 answer:
zlopas [31]3 years ago
8 0

Jenny Jimenez paid only the minimum required on every credit card, except for the one with the highest interest rate.  

This is true, If you put more budget on your payments for the credit card having the highest interest rate, you'll pay the whole balance more quickly. Then, do the same with the other remaining cards, pay the balance which has the highest interest rate.


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