[ SECRET POST #4574 ]

[case]

⌈ Secret Post #4574 ⌋

Warning: Some secrets are NOT worksafe and may contain SPOILERS.

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Notes:

Secrets Left to Post: 02 pages, 29 secrets from Secret Submission Post #655.
Secrets Not Posted: [ 0 - broken links ], [ 0 - not!secrets ], [ 0 - not!fandom ], [ 0 - too big ], [ 0 - repeat ].
Current Secret Submissions Post: here.
Suggestions, comments, and concerns should go here.

Comments

Re: Paying off student loans?

[(Anonymous)]

Highest interest rate, probably. Otherwise you'd just be out more money.

Re: Paying off student loans?

[kaijinscendre]

The highest interest one is also the smallest one. For the rest of the life of the loan, I will pay $83 in interest as opposed to some of the other ones that are $200+. But, I would be able to pay it off much sooner with extra payments.

Re: Paying off student loans?

[(Anonymous)]

The highest interest one is the one that's being paid off the fastest, so the total interest is less. But if you break it out by month, versus total over repayment, you're paying the loan agency significantly more per loaned dollar every month on the high interest loan than on the other ones.

Pay off the highest interest rate one first. Then focus on the three larger loans, if you're making extra payments. The $500 one also has the lowest interest rate. It's the lowest priority one to pay off.