The question in the article asked about whether it’s normal to pay the higher interest loan first?
I think it depends on what is owed. If I’m close to paying off a loan, even if it’s a low interest debt, I’m inclined to prioritizing that loan because it frees up cash that can be used on other debt to speed them up.
Like everything else from this administration, there is a lot going on with GM that seems shady. I do not believe they have actually paid anywhere near what they are claiming. I believe they are doing the equivalent of people using one credit card to pay off another.