One small private loan - best course?

Discuss various money matters here. Loans (federal and private), scholarships, lottery winnings, or other school finance related information and queries.
wildhaggis
Posts: 196
Joined: Sat Oct 15, 2011 1:47 pm

One small private loan - best course?

Postby wildhaggis » Fri Sep 27, 2013 7:17 pm

Compared to the rest of my student loan debt load, which is all federal, I have one smallish private loan that I currently have the means to just knock out and be done with.

Is this the best course of action? To knock this one out and consolidate the remaining loans?

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Hipster but Athletic
Posts: 1993
Joined: Mon Sep 23, 2013 2:15 pm

Re: One small private loan - best course?

Postby Hipster but Athletic » Fri Sep 27, 2013 7:24 pm

If that one is free and the other ones have a ton of interest, then no.

wildhaggis
Posts: 196
Joined: Sat Oct 15, 2011 1:47 pm

Re: One small private loan - best course?

Postby wildhaggis » Fri Sep 27, 2013 7:24 pm

Hipster but Athletic wrote:If that one is free and the other ones have a ton of interest, then no.


Free?

Sorry, brain not working after long day at work.

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Hipster but Athletic
Posts: 1993
Joined: Mon Sep 23, 2013 2:15 pm

Re: One small private loan - best course?

Postby Hipster but Athletic » Sat Sep 28, 2013 4:17 am

ya free is a strange word, my bad.
I meant it in the gratis sense. Free as in beer.




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