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AFAIK
Student loans generally are at lower %'s than a credit card can get and would think that keeping that account in good standing and paid on time would be better than closing it out and running a new cc balance. Also should hardship hit, there are...
Started by spyderdsm on
, 14 posts
by 12 people.
Answer Snippets (Read the full thread at slickdeals):
But I am ....
I'm not sure if fixing much more are you going to spend in the next 10 years in increased prices/fees vs the $12k payoff thanks for the input.
Refinancing / holds you can do to a student loan, CC balances are not so forgiving.
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Hello All,
First post here - hopefully its not too simple.
I recently came into some money. About 5k.
I have a 9500 dollar student loan with about a 4.5% interest rate. This loan is the total of all my debt. I have no balance on my CC's and no other loans...
Answer Snippets (Read the full thread at money-talk):
I have around good fellows) recommend?
Pay....
This loan is the total of all my debt.
$5000 in an 11%/yr IRA for 30 yrs dollar student loan with about a 4.5% interest rate.
I would definitely pick the IRA, the 4.5% loan is a 'keeper'.
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I just graduated with ~$120k student loan debt and a decent income at just over $100k. I'm looking for a little help on how to attack my student loans.
First, I'm not a fan of the snowball approach. The math works out better to simply attack the highest...
Started by tetromibi on
, 40 posts
by 8 people.
Answer Snippets (Read the full thread at fatwallet):
An absolute must? So what's your payoff timeframe with this plan/budget? "As much as possible towards to receive employer 401k match), how does this affect your payoff timeframe?
Its somewhat risky be able to deduct your student loan....
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Ask your Facebook Friends
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Has there been some sort of law or regulation passed in Texas requiring some sort of standardized form for quoting loan payoffs? I'm being asked that by people in our branch in Texas. Thanks.
Started by raitchjay on
, 4 posts
by 3 people.
Answer Snippets (Read the full thread at bankersonline):
The use of the payoff statement form is mandatory.
Administrative Code, governing mortgage payoff statements.
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We got back some money from our income tax refund and it's about $1k short of paying off my student loan. The loan is through Sallie Mae. I know with credit cards you can sometimes offer them a smaller payoff and they will take it, will student loan companies...
Started by **4kiddos4me** on
, 6 posts
by 6 people.
Answer Snippets (Read the full thread at babycenter):
You can't even bankrupt student loans....
No, student loans are federally insured which means if you don't pay the govt will...but they will come after you had core for that money.
Doubtful, since they're pretty much guaranteed to get their money .
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Hello, I currently have a loan with NFCU that has a balance of $400 remaining. The loan is in good standing,and in fact when paid, will be finished 18 months early. I want to apply for a new auto loan, and sell my current car ( a 2008 Camery ). Basically...
Started by ForceMd on
, 7 posts
by 5 people.
Answer Snippets (Read the full thread at myfico):
Are still going to see the loan rather paid off or not and further more wouldn't you be going back to Navy for the new loan or are you looking at something brand new that has 0%? 12/18/11 - TU Fico 662 - EQ that having a low balance report....
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Started by duvall348 on
, 4 posts
by 2 people.
Answer Snippets (Read the full thread at reddit):
I have about 1000 to pay slightly over minimum....
The higher interest loan is roughly double the amount of the lower interest loan.
Any tips on how to calculate on which amounts I should pay for which loan%.
Reddit, help me out here.
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Has anyone read this? Does this mean that if we want a payoff from a servicer, we must submit the prescribed form to the servicer? Or does it mean that if we (the bank) receive the form from a title company, we have eight days to complete and return the...
Started by swiggles on
, 19 posts
by 7 people.
Answer Snippets (Read the full thread at bankersonline):
Pursuant to....
By a mortgage servicer when providing a payoff statement at a title company's request on a home loan, concerning Payoff Statement Form, sets out the requirements of the prescribed standard form to be used loan.
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I've finally saved up enough money to pay off my Taco early, so I'm wanting to send in the payoff amount. I always submit my payments on their website, and on there it keeps talking about mailing your check and it lists an address to mail it to.
It doesn...
Started by TACK on
, 11 posts
by 7 people.
Answer Snippets (Read the full thread at tacomaworld):
Click the "payoff info" button to see what you owe it is for PRINCIPAL PAYOFF and NOT an advance on your next payment! Some places have a comment box, some a little that money to go directly to the principal....
I have paid off the amount online.
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So, expecting our fourth child in May and methinks I need to get serious about paying off a law school loan and a car loan prior by May. $27,000 in debt to be exact.
Now, I have ramped up my work in order to make more income.
Last night I contacted my...
Started by barbarabini on
, 14 posts
by 12 people.
Answer Snippets (Read the full thread at disboards):
It won't loan and a car loan prior....
Finished up my student loan payments (not early just worked out that way) and had 6 months or so will again use our refund to pay dvc dues and then dh will put the rest towards his car loan.
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