Hello,
I’m in my mid 20s with a full time job making $50K a yr. I’ve 3 bank cards:
Amazon
– Stability $3,481.91 / $4,300 restrict
– APR 26.49%
– Month-to-month Cost $500
Capital One
– Stability $3,489.47 / $5,700 restrict
– APR 31.24%
– Month-to-month Cost $400
Uncover
– Stability $1,573.45 / $3,000 restrict
– APR 0% till April 2026
– Month-to-month Cost $400
I’ve to get a brand new telephone which is able to run me about $1,400 (it’s not my selection sadly so non negotiable).
I’m receiving a refund test for a bit of over $5K. I plan so as to add $2K to my financial savings (presently at $3,785) and use the remaining. My query is: what could be the best choice for utilizing the remaining $3K? My thought course of was to make use of the $3K plus some additional out of my financial savings to repay certainly one of my bank cards then use the cardboard to purchase the telephone or simply use the $3K to purchase the telephone and pay down a card or different payments or a mixture of the 2 in some way.
Let me know should you want anymore info to assist me determine. Thanks upfront!
