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kreditkyle

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Best way to spend tax return?
I'm receiving around $2,600 from my tax return and want to know if it's best to apply it all to credit debt (the amount would pay off nearly 2 credit cards in full), or if I should pay my 6/mo auto insurance premium for $1,700 and apply the remaining $900 to a single credit card. Paying off the insurance premium would allot me $400 a month for the next 6 months, which I can either save or slowly apply to debt. Or, if there's another better option.

Thank you!

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Correction - the insurance would allot me $300/mo not $400

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