All Questions
Tagged with compound-interest student-loan
5 questions
0
votes
1
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91
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Is a bunch of debt now better than distributed debt in the future in terms of paying less in the long run?
This might be too theoretical but it popped into my head this concept for attending University/College. If you had the ability to choose one of the following which is best in terms of you paying ...
- 22.9k
1
vote
1
answer
449
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Understanding a UK Plan 2 Student Loan Interest Calculation
I recently requested a statement from SF England regarding my student loan outstanding debt. Once I had this I was leafing through but started to become confused about their methods of calculating ...
- 3,989
4
votes
1
answer
770
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How is interest calculated on a UK type 1 student loan?
On my student loan annual statement it says The Student Loan Company applied interest to my balance every month but only received one lump sum payment at the end of the year from HMRC, even though ...
- 3,720
0
votes
1
answer
242
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How to compare the APRs of different currencies?
I want to take a loan and I have two options:
Euros APR: 7.2% terms: 10 years
Yuan APR: 9.2% terms: 5 years
I have taken some financial classes so I have a vague idea about it. I know there is an ...
- 10.1k
2
votes
1
answer
335
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Loan payoff benefit versus raise. Break-even point needed
I have student loans that are under a program that pays off any remaining balance after 10 years of work. I become ineligible for this benefit if I change companies. So, I need to figure out, at what ...
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