Submitted by scrooooooooooge t3_127zsqr in personalfinance
micha8st t1_jegmvwu wrote
do you like your loans?
Howabout you split the difference: pay double the minimum on your loans.
We always paid extra towards principal for our car loans and the mortgage.
bj1231 t1_jegyt8s wrote
I think you need to research the cost of the loan versus what you can do with the money that you have saved. For example can you invest in the stock market now and look for a big upturn in the stock market in the lyrics to and therefore make more money than the cost of your loans.
A quality decision needs a little more research and a little pencil work
scrooooooooooge OP t1_jegohxv wrote
That's a good idea.
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