Q&A: What should I do about credit card debt? Do I have to pay it off before I can save for a house?

by Center for American Progress
Question by stud: What should I do about credit card debt? Do I have to pay it off before I can save for a house?
I'm 26 years old, I make about 50k a year and I want to start thinking about buying a house. What should I do with this nagging credit card debt? Aside from car payments, the only other debt I have is $ 5,000 on one of my credit cards. Can I think about saving for a house, or should I pay it off before I even consider it? Thanks.


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