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re: Use Student Loan to pay off Car Loan?
Posted on 7/30/13 at 7:08 pm to foshizzle
Posted on 7/30/13 at 7:08 pm to foshizzle
Although a student loan is not secured by anything, which is a benefit. It's a ballsy move. But then I am still kicking myself for not taking out every penny I could in student loans back when they were 2.5%(!).
2
Posted on 7/30/13 at 9:25 pm to Cold Cous Cous
quote:
Although a student loan is not secured by anything, which is a benefit. It's a ballsy move. But then I am still kicking myself for not taking out every penny I could in student loans back when they were 2.5%(!).
True, but its one debt you have to pay off. Even if you file (something I hope nobody has to ever do).
Posted on 7/31/13 at 12:31 am to Cold Cous Cous
quote:
Although a student loan is not secured by anything
It is secured by Uncle Sam's ability to garnish your paycheck throughout the fruited plain no matter what. Unless you're planning to disappear amongst the Taliban, you're paying.
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