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Debt Destroy

65K In Private Student Loan


m3toocool Rep Points: 10
Posted on April 9, 2009 at 9:17 am
Hey everyone i am in a little pickle, but better now that i have a job...lol So i have a reconsolidated loan that is at $63000 at a 6.0% Variable rate through wells fargo. Now i make 65k a year at my new job. This is the only debt i have, I use an AMex so i don’t monthly credit card bills. My question is what is the best way to quickly pay this off. Should i just pay the minum and put money in to stocks or saving and wait till i have cash or should i start paying more then the monthly "$550 dollar or so payment its been. My next question is that wells Fargo said they won’t give me a 1080 for my taxes. Can i still write off the interest even after i reconsolidated     Thanks everyone ~Brand

arura Rep Points: 370
Posted on April 9, 2009 at 12:24 pm
Hmm..sorry i can help ur problem.