3. I would pay the credicard off as fast as possible and
then concentrate on getting rid of the loan as fast as possible. The 20k lump sum is a great idea to cut out some of the interest paid on the loan. Once you get that paid off you can build up an emergency fund of 3-6 months of living expenses. This is a terrible situation but sound financial planning is sound financial planning. I wouldn't look into CD's until that loan is paid off, then consider mutual funds for investments. Good luck.
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