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@kaitlyn224 Generally speaking - if you are making all of your minimum payments on all debt every month, and you then want to know where to spend your next dollar on debt so it is spent most efficiently, you would choose the highest interest rate 100% of the time.

@kaitlyn224 Two ways to look at it - pay down the debt first generating the largest interest in dollar terms or pay down debt with the highest interest rate. My preference is generally highest interest rate, but everyone and their situation is a little different, I want to be as efficient with...