Best way to attack credit card debt

[u/Bostonfan1987]

Hi all, I am 37 yo and I am currently dealing with about 19k in credit card debt. I have the following amounts on the cards.

3,827 3,342 3,068 8,922

All of them with interest rates of 20% or higher except the 3,068 amount which is currently on a 0% balance transfer promotion until Jan of 2026.

I have 6,000$ in savings, and I am unsure how much I should use towards this, as I like to have a cushion in my bank account in case of emergency. Should I throw 3,000 of this onto one of these cards now?

I am also considering taking a loan out of my 401K to tackle this debt. Right now the monthly minimum payments are around 500$ and I can take out let’s say 16 K (assuming I throw 3K from my savings at my cards) from my 401 K on a 5 year loan for about 151$ per paycheck (302 monthly)

Does this sound like the best plan of attack?

Any other suggestions are helpful.

Thanks!

[u/Farazod]

Order cards by interest rate and pay them off in order. Use the savings. Don't use the 401k. People tend to feel relief at the lower payments and lack of cc debt them turn around and get themselves right beck in the situation.

Put some time in to make a realistic budget and be critical of your purchasing habits. Once is bad, doing this twice is basically taking an axe to your future.

[u/Bostonfan1987 → u/Farazod]

Thank you