<prompt> Human: My wife and I have 2 car loans. One has 1,080 left with 400 a month payments. The other vehicle has about 2,100 with 479 payments per month. Both of these will be paid off by January if we keep paying them on a monthly basis. However, we are wondering if it would be a better idea to just go ahead and pay them both off with our credit card 6,000 limit, with full balance. We will be receiving about 25K in November from a severance package I was given and we could pay off the card with that. Looking for advice on the best way to do this and your thoughts.  <response>: At this point, the interest for the car loans is probably largely paid down, and the majority of your payments will be from principal. That reduceseliminates any potential savings from transferring the debts to your lower interest credit card. Additionally, spending money that is not yet in your possession the 25k is not really a good idea. If I were in your shoes, I would just continue to pay the auto loans until the 25k comes in. 