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Debt Payoff Strategy

Pharr Family Budget • Strategic Debt Elimination

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Total Revolving Debt (Open)
$83,569.77
Highest Interest Rate
19.99%
Chase, AMEX Delta, Bonvoy
Revolving Utilization
27.8%
Improved from 41%
Est. Monthly Interest
$218

Recommended Payoff Order (Hybrid Strategy)

# Card Interest Rate Balance % of Limit Strategy
1 Chase Marriott (Sean) 19.99% $3,912 78.2% Highest rate + high utilization — attack first
2 AMEX Delta (Joint) 19.99% $20,243 130.6% Over limit + high rate — very high priority
3 AMEX Bonvoy (Joint) 19.99% $13,521 33.0% High rate — next priority
4 Citi Costco (Joint) 18.99% $2,780 18.5% Pay minimum, then attack
5 Capital One (Sean) 17.99% $0 0% Currently at $0 — maintain
6 Fidelity Joint 16.99% $20,793.39 83.2% High priority - pay down
7 AMEX Bevy (Joint) 0% $9,488 51.3% Pay minimum only during 0% period
Strategy based on open accounts only. Closed accounts excluded from active payoff plan.