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re: Tips for paying off debt?

Posted on 6/25/15 at 3:43 pm to
Posted by bwallcubfan
Louisiana
Member since Sep 2007
38137 posts
Posted on 6/25/15 at 3:43 pm to
quote:

So if you have liquid cash that exceeds the amount of debt you have, yalls suggestion would be to pay of the entirety of your debt?


Depends on the situation, but yes, in general. For example, if I had $3000 left on my car, and had $8000 in cash, yes I'd pay it off in full.
Posted by Hester Carries
Member since Sep 2012
22489 posts
Posted on 6/25/15 at 3:50 pm to
quote:

Depends on the situation, but yes, in general. For example, if I had $3000 left on my car, and had $8000 in cash, yes I'd pay it off in full.



Lets say ive got 15k left on a student loan and 16k in the bank...
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