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K
kborey Posted May 2010

Credit card is closed and has balance of $1000. Assited Living Home costs $2500 monthly and budget is lean. Is it better to continue making

monthly payments or pay off the balance in full?

EXPERT Carol Bradley Bursack, CDSGF May 2010
There are so many variables here, and I'm am not even close to being a financial expert. I'm answering this to put it up front in case anyone who is a financial expert can give you advice. You likely should see a CPA or other financial expert, or even an elder attorney if this is your elder's account. Good luck.
Carol

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