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Get Closer to Buying a Home!

Julian finally saw the light. He changed his frivolous spending habits and now he, too, wants a Habitat for Humanity home. Julian has some work to do. His credit is in pretty bad shape. Help Julian put together a debt reduction plan that he should follow for the next two years.
His credit balances and credit limits look like this:

Debt	Amount Due	Limit/Loan	Interest Rate
Credit card 1:	$4,352 balance	$5,000 credit limit	APR: 20%
Credit card 2:	$347 balance	$450 credit limit	APR: 16%
Car loan:	$3,566 balance	Original loan amount: $6,500	Loan rate: 12%
Electronics store loan for an iPod:	$105	Original loan amount: $150	Loan rate: 12%