In a rising interest rate environment, there's very little justification for holding on to credit card debt. It should almost always be the primary focus of your debt reduction efforts.
More Quotes from Greg McBride:
The beginning of the year is an opportune time to look at all aspects of your finances. Part of that is getting better organized for 2006.Greg McBride
Interest rates are coming off of 45-year lows.
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The cost of refinancing is quite a bit lower than it was five or 10 years ago. Anyone who has taken out a mortgage in the past few years should look into refinancing.
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Pay your bills on time, and pay your debt down over time. Together, those factors account for 65 percent of your credit score.
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If the prospects that your home will appreciate in value are good, paying PMI is not the end of the world,
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The average homebuyer moves every seven to 10 years,
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