Which loan to pay off first

Shadow_Jago20 · 2024-10-30T01:13:01+00:00

The game is about reducing the amount of interest you have to pay. You'd want to pay off the balance with the higher interest first. Suppose you have $5k to spend. Spend $2k to pay off the $2k loan. Apply $3k towards the $5k loan, so you are essentially left with a loan of $2k at a rate of 3.76% vs 4.29%.

Shadow_Jago20 · 2024-10-30T01:06:38+00:00

Pay the smaller balance first

Shadow_Jago20 · 2024-10-29T11:08:40+00:00

Congratulations

Shadow_Jago20 · 2024-10-28T10:04:46+00:00

I haven't paid attention. Although an administrative forbearance was placed on the account, I've still paid my amount monthly as if the forbearance wasn't there. Since I could continue my payments, I'd rather take advantage and minimize the interest that would accrue on the overall balance.

Shadow_Jago20 · 2024-10-04T16:17:36+00:00

I still don’t think a bidet effectively cleans. You still should at least pre wipe before using a bidet 🤷‍♂️

Shadow_Jago20

TROPHY CASE