If you have multiple debts to repay, you might feel overwhelmed without a strategy to tackle them one by one. Some borrowers pay off their smallest debts first (because they are easiest to clear), while others repay whichever borrower has the most aggressive debt collector first. There is nothing inherent wrong with any of these strategies, but if can choose, you should opt to pay off the highest interest debts first (typically credit card debt). This means paying the absolute minimum on your other loans while you focus on paying off the credit card bills ASAP. Once the highest interest debt is cleared, move on to the next highest, and so on.