Ask a New Question

Question

if you have $10,000.00 in credit card debt with a 14% interest rate when is it beneficial to pay off the debt versus putting the money is a savings account?
12 years ago

Answers

Ms. Sue
This is a no-brainer!

Savings accounts pay less than 1% interest.

What do you think is most beneficial?

12 years ago

Related Questions

Which of the following is credible sources? A. Interviews B. Books C. Newspapers D. All of the... Which of the following is credit history? (1 point) Responses the balance you carry on your c... How can you tell if it is credible? The Age of Globalization: An Era of Connectivity and Integratio... Which source is the most credible out of the following? websites with no author academic website... In the article "All About Credit Cards," how does Matt Schulz's advice about using credit cards demo... Following are outstanding credit card balances for a sample of 16 college seniors at a large univers... Why is it better to use a credit card than a debit card for online purchases? answer Credit ca...
Ask a New Question
Archives Contact Us Privacy Policy Terms of Use