- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Student Loan Advice
Posted on 6/1/14 at 8:59 am to iAmBatman
Posted on 6/1/14 at 8:59 am to iAmBatman
quote:
Time value of money states payoff the higher interest rate loans first then work your way down to the lower rates.
This. Always go after the highest interest rates first. More if your money hitting principal instead of interest.
1
Posted on 6/1/14 at 9:31 am to Brettesaurus Rex
I'd pick two to really focus on - the highest interest rate and the quickest to pay off. Kind of split the above advice down the middle - you get to tackle the one that costs you the most but you also get to chip away at those minimum payments too should something happen and you have to cut spending for an emergency.
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News