Say you have four credit cards, three of them will balances of $200 or less and one with a balance of $3500. All four of these cards have similar interest rates. Further, imagine that you have $1500 available to you to pay down your consumer debt. What is the best approach? Individual different financial advisors are likely to give you one of several options available. There is also another option that allows you to keep your $1500. Let’s discuss the pros and cons of each approach.