<prompt> Human: Pretty simple:Car Loan has a balance of 800, then the loan is paid off. Interest rate is about 3CC balance is higher than that, and currently at 9 interest. Would it better to pay off the car loan, then begin apply my former monthly payment to the CC Debt, OR, make a dent in the CC debt?  <response>: The only scenario under which it would make sense to pay off the car first, is if you are struggling with the cash flow, and the freed up car payment would help you get through the month. Strictly financially, you are better off paying off the highest interest loan first. 