i have about 6k of credit card debt. my interest rate is 19.99%. they added $105 to my account for the interest charge this month. my wife and i were going to balance transfer so we could have 15 months 0 APR. we were going to pay 420/month so we could pay off the whole credit card before the APR started. well we got denied.

so i have 6k saved up to pay back school loans in about 4 years. should i use this money to pay off the credit card? then just pay the 420/month to my savings account for college?

or do i just continue to pay 420/month on the cc while accumulating interest?