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Posts: 161
In response to
"
if high interest rate, pay loan. -- nm
"
by
loosilu
6.8% student loans. student loan rate. -- nm
Posted by
amanda jones (aka amanda)
Oct 24 '11, 12:37
(No message)
Responses:
i consolidated my to 4.25. maybe the only smart financial decision i've ever made in my life -- nm
-
poxie
Oct 24, 12:39
5
I wish I could. with IBR, I should save about $125 per month next year. that's not insignificant.
-
amanda jones
Oct 24, 12:40
4
this is my dilemma. when the time comes (soon hopefully) that i have my credit card and back taxes paid down, where do i put the windfall?
-
poxie
Oct 24, 12:43
3
I would probably do the IRA. assuming the interest rate on the IRA will be higher than 4.25%, it's the smarter bet.
-
amanda jones
Oct 24, 12:46
2
i just want that debt *gone* though. as fast as possible, even at a relatively low interest rate -- nm
-
poxie
Oct 24, 12:48
1
yeah, I hear you. (can you do IBR? do you qualify?) -- nm
-
amanda jones
Oct 24, 12:49
not so bad. -- nm
-
loosilu
Oct 24, 12:38
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