Since to pay off the highest balance it may take longer, its easy to lose motivation which makes often paying off the lowest balance easier with payday loans.
Pay Off the Most Expensive Debts First
https://cashnowperth.com.au/blogs/save-money-tips
For those who have debts on multiple credit cards, the best way to handle credit card debt in such scenarios is by starting with paying off those with the highest interest rates. Whether it's from your monthly income or by relying on cash advance, make sure to pay off the debt of those credit cards first that have not only the highest interest rates but are also with the highest balance. Since to pay off the highest balance it may take longer, its easy to lose motivation which makes often paying off the lowest balance easier with payday loans.
