Too Much Interest

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Too Much Interest

jamin2020 Rep Points: 5

Posted on April 4, 2009 at 9:23 am

I had taken students loan last year and now every month its interest is about $10. I want advice on what shall I do. I should clear the loan at once or continue with it.

shawbikram90 Rep Points: 175

Posted on April 4, 2009 at 9:45 am

it's not at all good for a student.

dicasayang Rep Points: 615

Posted on April 4, 2009 at 11:07 am

ok, good job

apocalypsereturns Rep Points: 765

Posted on April 4, 2009 at 12:04 pm

i think pay off this once then the accumulation wont hurt i dont think this is a large sum also if you keep it there it will compund

shawbikram90 Rep Points: 175

Posted on April 4, 2009 at 1:56 pm

TOO MUCH INTEREST IS BAD FOR A STUDENT.

ira10 Rep Points: 150

Posted on April 5, 2009 at 4:21 am

if you can pay every month do so but if not i would have had stop it.. $10 dollars is a pain when added up....