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Thread: Please don't pay the minimum amount on any loan

  1. #1
    Registered User RotiKing2004eva is offline
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    Please don't pay the minimum amount on any loan

    This isn't breaking news but simple. If you pay the minimum for the term of your loan is some cases you end up paying double or triple the amount for the item.

  2. #2
    ***//\\*** femmeayitienne's Avatar femmeayitienne is offline
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    with my student loans (I have 3), I pay the minimum on 2 of them and focus my attention on the one with the highest interest rate.

  3. #3
    Registered User RotiKing2004eva is offline
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    Quote Originally Posted by femmeayitienne View Post
    with my student loans (I have 3), I pay the minimum on 2 of them and focus my attention on the one with the highest interest rate.
    smart and understood, as long as you know what you doing.

  4. #4
    sharkie
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    Thanks Cap'n Obvious.

  5. #5
    where de crix Oneshot's Avatar Oneshot is offline
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    Quote Originally Posted by sharkie View Post
    Thanks Cap'n Obvious.
    lol

  6. #6
    Registered User RotiKing2004eva is offline
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    Quote Originally Posted by sharkie View Post
    Thanks Cap'n Obvious.
    what's obvious to you is not obvious to all.

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