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Pay off all your student loans

To minimize debts, pay off loans with the highest interest rates first. Pay off credit card debts first, followed by any car loans, but make sure to pay off all your student loans as well. Pay off the loans with the highest interest rates first. If you need help consider getting all your student loans, car loans, and credit car debt consolidated into one payment. Many reputable companies will help you, just be careful of shady deals. If it sounds too sweet to be true, then stay away and make sure you read all the fine print.

3 comments:

  1. A nice benefit of paying off all that debt is a great credit score when you're done! Assuming the payments are on time.

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  2. My thoughts on this are that having student loans isnt a bad thing unless the interest rate is more than 6%. For most college students from the last 8 or 10 years have enjoyed lower interest rates. So I would recommend just paying those off in time and file them under "good debt" -- why throw all your money at your student loans when the value of the loans are being lowered by deflation? You're better off putting your money to work and getting higher returns to offset the the same loss of inflation on your cash/savings. My two cents.

    BTW! Thanks for adding us to your blog roll! I just noticed that! =) Oh I guess you want a chiclet too, was that it? haha

    Alright amigo, have a good one
    Juan Millon (1mil)

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  3. Yeah Juan, your chicklets rock, I hope you get a flood of people to come check out your site millionster.com I'd love to have one of those custom made chicklets.

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