<prompt> Human: Hello. I have recently separated from the military due to downsizing because of the wars dwindling down. While in, I amassed quite a bit of debt and pay roughly 1300 a month to stay afloat. Due to being recently unemployed this is now unsustainable and I would like to pay everything off as soon as financially possible. The good news is that I am separating honorably and will receive a severance of 25,000 after taxes. I am requesting your assistance in deciding which debt should be paid off immediately and which can be worked down. My debt is as follows: Type Amount Interest Monthly Payment-Credit Card 1 13,054.11 16.5 300-Credit Card 2 1,000.00 19 100-Loan 1 7989.38 18 300-Loan 2 8043.23 18 300-Loan 3 3914.68 32 250I am thinking to pay off the three loans and the 19 credit card which would alleviate 20,801.96 of the debt 1000 per month! and leave me with the 13k credit card debt which would leave me with only a 300 a month payment which I would double or triple up on as soon as I begin drawing unemployment and start school G.I. Bill. Any advice is GREATLY appreciated. I am a longtime lurker of the forum under a different username and really appreciate everyone taking time to help those of us who werent blessed with money smarts. I have read the personalfinance FAQs but would like a more direct answer to my inquiry. Thank you for your time.  <response>: You should pay the highest interest debt first and then work your way down. 