The Age
·general
·1 hour ago
Credit cards, loans or your mortgage: what should you pay off first?
On June 13, 2026, personal finance experts recommended prioritizing debt repayment by interest rates, starting with credit cards at 18 percent, followed by personal loans at 11 percent, and mortgages at 6.5 percent. A balance transfer to a 0 percent interest card can also reduce costs temporarily. Paying down debt can result in significant long-term savings.
Summary by OZbrief · The Age
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