Hi, new here... hope someone can help with a decision.

We have about 6500 in cash. We were originally going to pay off our son's HS tuition payment (the monthy pmt is about $1100 to be paid off in April). But we also have a $13000 BOA CC we need to pay down, which is over limit by about 400, plus we are late on our last payment.

So, would you pay off the tuition payment and be done with it, freeing up $1100 a month. Or we were thinking of paying 3500 on the tuition now and just pay the rest off the next few months.... and pay down the BOA CC by the other $3000 left, bringing us well below our credit limit.

Hope that makes sense. If you need more info ask. ..... Thanks.

I would pay off the tuition and free up the extra cash to throw at the credit card. Im not a professional though just someone that has had a lot of debt.

I would pay off the tuition then use the extra income to pay more off the BOA & CC's every month.

First, pay off your son's tuition and use the balance to pay your BOA credit card.

I agree. Paying off your son's tuition will free that money up to help pay off the credit card. You just need to make sure that you apply that extra $1100 each month towards the credit card.