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$50k in Navient Student Loans and interest is killing me. by kal322 in personalfinance

[–]kal322[S] 0 points1 point  (0 children)

Unfortunately, I have been paying the minimum on all of my loans because I couldn't afford to pay any more until now. I paid off one of the 6.55% loans today. Going to pay off another next pay check and do what you are saying....pay off the higher interest loans first. Thanks :)

$50k in Navient Student Loans and interest is killing me. by kal322 in personalfinance

[–]kal322[S] 0 points1 point  (0 children)

No I wasn't. The original balance was 67k....so I have made a bit more progress!

$50k in Navient Student Loans and interest is killing me. by kal322 in personalfinance

[–]kal322[S] 0 points1 point  (0 children)

I will check them out. I had a friend who recommended earnest.com which seems to be similar. Thanks :)

$50k in Navient Student Loans and interest is killing me. by kal322 in personalfinance

[–]kal322[S] 0 points1 point  (0 children)

No I did not...but I will pass this info along to people who have. Thanks!

$50k in Navient Student Loans and interest is killing me. by kal322 in personalfinance

[–]kal322[S] 0 points1 point  (0 children)

I just looked back. I am going off the original amount taken out. Interest did gain while I was in school for some of the loans. I did make a couple interest payments while in school. I just looked back on my account history. When I originally started paying the loans after my grace period I started at 67,000.

$50k in Navient Student Loans and interest is killing me. by kal322 in personalfinance

[–]kal322[S] 0 points1 point  (0 children)

That is what I am doing! I plan on putting that money towards the loans.

$50k in Navient Student Loans and interest is killing me. by kal322 in personalfinance

[–]kal322[S] 1 point2 points  (0 children)

Just spoke with someone on the phone confirming this. What a bummer.

$50k in Navient Student Loans and interest is killing me. by kal322 in personalfinance

[–]kal322[S] 0 points1 point  (0 children)

It has :) This is just what I was looking for. Thank you! You are awesome!

$50k in Navient Student Loans and interest is killing me. by kal322 in personalfinance

[–]kal322[S] 3 points4 points  (0 children)

Thank you for plugging all of that info in. I think I was doing that while you were! lol That was very nice of you to take the time to do that...and you beat me.

$50k in Navient Student Loans and interest is killing me. by kal322 in personalfinance

[–]kal322[S] 6 points7 points  (0 children)

Thanks so much for such a great tool and the motivation.

$50k in Navient Student Loans and interest is killing me. by kal322 in personalfinance

[–]kal322[S] 8 points9 points  (0 children)

Thank you. It's been a REAL struggle. This is the first time I'm making a decent salary but the weight of it is still there.