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Posted on 10/29/16 at 2:57 pm
Posted by animalcracker
Member since Oct 2010
1930 posts
Posted on 10/29/16 at 2:57 pm
(no message)
This post was edited on 11/24/16 at 8:11 pm
Posted by TheOcean
#honeyfriedchicken
Member since Aug 2004
42436 posts
Posted on 10/29/16 at 4:08 pm to
Super broad question. Depends on your financial situation, loan amount, interest rates, risk tolerance, current income, future expected income, etc. Generally speaking, the higher the loan amount the more you want to be putting towards paying down the principal
This post was edited on 10/29/16 at 4:09 pm
Posted by rilesrick
Member since Mar 2015
6704 posts
Posted on 10/29/16 at 9:11 pm to
All about the Interest Rates...
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
26917 posts
Posted on 10/29/16 at 11:14 pm to
No offense intended, but your question is a bit all over the place, and if you're treating CDs and IRAs as a dichotomy in your mind, you're likely better off just paying down the $10k in debt, no matter what the interest rate is.
Posted by makersmark1
earth
Member since Oct 2011
15706 posts
Posted on 10/30/16 at 6:50 am to
Paying off the loan would give a certain return.

Posted by CoachChappy
Member since May 2013
32498 posts
Posted on 10/31/16 at 8:23 am to
When in doubt, get rid of debt.
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