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Search options not deleted user 22519

The debt tag refers to all situations where money is owed to another party, often a bank or other financial institutions. This tag covers how to get out of debt, how much debt to carry, and other borrowing related questions.

26 votes

To pay off a student loan, should I save up a lump sum payoff payment or pay extra each month?

If you pay extra now you will pay less in interest over the life of the loan. Unless your savings account has a higher interest rate than the loan's rate you are not saving anything. That being said, …
verdammelt's user avatar