<prompt> Human: I have 3 credits cards. Pretty much all maxed out. I have 4k cash that Id like to use to bring down the debt. Should I pay off the highest interest card or spread it out? Also I have a fear if I put all 4k into 1 card, the bank will lower my credit limit. What are the chances of that happening? My credit score dropped 40 points this month because I added 3k debt when I went on vacation. Card 1: 7k limit: Balance 5,977.89 18Card 2: 5K limit: Balance 3,380.83 24Card 3: 5K limit: Balance 4,139.85 26Thanks  <response>: There are two basic strategies to pay off debt: Avalanche and snowball. Avalanche says to pay the debt with the highest interest first and minimums on everything else, and will always save you the most money on interest. Snowball says to pay the smallest balance first and minimums on everything else, and will usually result in paying more interest but frees up cashflow and gives psychological boosts by getting rid of individual items of debt. But in both scenarios, it doesnt make any sense to spread the money around, you should focus on one at a time. I have a fear if I put all 4k into 1 card, the bank will lower my credit limit. What are the chances of that happening?Pretty unlikely, but it seems like that probably wouldnt be a bad thing for you since you seem to have a problem spending money you dont have. My credit score dropped 40 points this month because I added 3k debt when I went on vacationYour credit score shouldnt be your concern right now, the fact that you blew 3000 that you didnt have on a vacation while already in debt and are now paying high interest rates on that additional debt should be your concern. Cut up your credit cards until you can start spending within your means and focus on paying your debts down as quickly as possible. 