This message was self-deleted by its author

[lastlib]

5. My question is: Which one is costing you the most?

How much of the personal loan payment is interest? I can't calculate the total interest without knowing how long you have to pay the personal loan, but from the rough calculations I made, it looks like the credit card is the one that is declining the least with the payment you're making. So, odds are, you'll wind up paying more interest on it over the long haul if you don't pay it down. I'll join the others in saying you would be better off paying it down now. Once you get it down to a level that it's costing you less in monthly interest than the personal loan, start paying more on the personal loan. Guiding principle: pay down the one that is costing you the most in interest and fees.

My grandfather liked to say that paying interest was like buying a dead horse. You don't really get any good out of that money. So the best strategy is to reduce the interest as much as possible. Any extra you can pay on principal saves you $$ in the long run.