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Mashtatoes t1_iuii518 wrote

What interest rate are your debts? If they’re credit cards or other high interest debt above 20%, and there’s no other realistic way for you to pay it off, this is fine. If it’s debt under 10% interest, definitely not.

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tanon14 t1_iuiievb wrote

Debts are mainly credit cards at rates above 10%. Been with my company 10 years as of Sept of next year. Thinking I have enough built up right now to do this.

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