<prompt> Human: I have a joint bank account with my parents, but a credit card thats in my name on which wont get into the reasons, have to do with a personal situation Ive accrued 6k in debt. Im not entirely sure how to approach this situation. My understanding is that the longer I have this debt and dont pay it off, the more interest will leak out each month.What are the pros and cons of paying my debt immediately? What are the pros and cons of paying my off my debt incrementally?  <response>: That is utter foolishness to have that much in saving and have any credit card debt 