If it came right down to such a hard choice, I’d make the payment on my truck before I’d make the payment on my house.
I can live in the truck. I can’t drive the house.
How about you? What would be your priority? Has that changed since the housing debacle and recession? Do tell.
Why do I ask? The AP reports:
The recession and its hangover may have turned bill-paying habits upside down. Cash-strapped Americans are paying off their car loans before they pay credit card bills and make mortgage payments, a study finds.