What are the benefits if you pay off all your high-interest debt such as credit
cards and store cards?
A. I'll free up money that could be invested.
B. I'll lower my debt-to-income ratio.
C. I'll save a lot of money in interest charges.
D. All of the above.

Respuesta :

The benefits that you pay off all your high-interest debt  is that  I'll lower my debt-to-income ratio.

What are the benefits when one pays high-interest debt?

Note that the Pros of paying off debt is that the person will have lower amount of time to use in paying the interest.

Note that The benefits that you pay off all your high-interest debt  is that  I'll lower my debt-to-income ratio.

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