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The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Ask Me About Student Loans!
 
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Trickortreat
Oct 31, 2020
 I have multiple loans with the same interest rate. The only difference is the amount of interest and principal balance. If I want to make a lump payment to make the biggest dent, how should I prioritize the dispersion of the payment?

Should I be focusing on the lower principle loans to just completely wipe it out? Or should I be focusing on the loans with a higher amount of interest accrued so I can bring the interest down?

* # ¿ Sep 11, 2023 22:56
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# ¿ Apr 28, 2024 19:57
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The Something Awful Forums > Discussion > Ask/Tell > Business, Finance, and Careers > Ask Me About Student Loans!