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Author: Kitti29 Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 308519  
Subject: Best way to pay off Credit Cards? Date: 4/21/1999 9:34 PM
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OK-need some help here folks. I'm getting married in about three months. Both my fiance and I own our own homes and have a fairly significant amount of equity in each (about $30,000 each). We are looking to sell both places in about a year and buy one together.

I also have about $7,000 in credit card debt that we want to pay off as quickly as possible. Given our current financial situation, it will probably take about a year, realistically, to pay this debt off, if I continue making payments on a monthly basis.

Would it be better to take some of the equity out of my home to pay this off immediately, or to continue paying as I have been, given that we may sell the home in a year or so? Please share your thoughts!

Please respond via email if possible to Kitti29@aol.com, as I am new to the message board experience and am not sure I would find your response!

Thanks!
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