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11-01-2009, 08:27 AM
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#12 |
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╚══════════RN
Drives: 2008 Liftback Join Date: Oct 2008
Location: Western Mass.
Posts: 999
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I was looking for some help in which loans to pay down first so I pay the least in interest over time. I think if I pay that 14.5K PLUS loan of really fast (I already have about 10K saved up to take a huge chunk out of it), and at least refinance that stupid 12.5K PLUS loan -- that would help some.
Maybe I can refinance the loans that I am aggressively paying down? Since Altitude said it would be hard to get that much cash at once? Like refinance the PLUS loans, and pay them off. Refinance the MEFA's, and pay them off, etc.? Also, does anyone know if it will hurt my credit to pay them off so fast? I've heard that doing things like not carrying a balance on a credit card, and just paying the bill off every month aren't good for your credit score. (I don't have credit cards, but my credit score is pretty good as of right now)
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