SMH ·general ·2 hours ago

Credit cards, loans or your mortgage: what should you pay off first?

On June 13, 2026, personal finance advice highlighted the importance of prioritizing debt repayment based on interest rates. Credit cards typically charge around 18 percent, making them the first target, followed by personal loans at 11 percent and mortgages at 6.5 percent. Utilizing 0 percent balance transfer offers can also significantly reduce repayment burdens.

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