Spencer278
Diamond Member
- Oct 11, 2002
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Originally posted by: imtim83
Originally posted by: Spencer278
Originally posted by: imtim83
RaiseUp they really couldn't but they said they would help me if I need it a little for the loan monthly payments. There $100 something now a month. Pretty expersive yes. Though I pay them back.
Should I instead pay it all off by using half of the 6k and then work to pay off the rest then go back to a different school?
Don't have a car so thinking about getting a car as well but first would need to go to drivers ed.
What is the interest rate on your loans. If it is real low you are better off Buying a CD then giving the money to the bank early.
My first loan I think 12.0% but the second one is 3.37%
Pay down the loan at 12.0%. You not going to find any investment that will come out better then that. You might want to save some of the cash for a rainy day fund. I wouldn't be to concered about the 3.37% loan because that is a realitily good rate.