Advice for tackling these loans?
I'm looking for some advice on tackling my loans. It seems like when I make extra payments I'm just spinning my wheels because most of the extra payment goes towards interest. Would it be better to make the minimum payments and save up until I can pay the full principal on them or continue making extra payments?
I have $63,000 in Government loans at 3.7-6.5% interest and one $25,000 private loan.
Posted Mar 16, 2025, 1:10 AM UTC
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