M mrsd Guest 16 Jul 2006 #1 hi have 17k credit union loan and 170k mortgage - against which should i pay of the 10k from ssia? thanks martina
hi have 17k credit union loan and 170k mortgage - against which should i pay of the 10k from ssia? thanks martina
C CCOVICH Registered User Messages 8,826 16 Jul 2006 #2 General advice is to pay off whichever loans carry the highest APR/interest rate. That would imply that it is better to pay off the CU loan first.
General advice is to pay off whichever loans carry the highest APR/interest rate. That would imply that it is better to pay off the CU loan first.
B bambino Registered User Messages 154 16 Jul 2006 #3 I'd pay off the CU aswell, higher apr and repays etc. Unless your mortgage is very small 10k won't make a hige difference to it.
I'd pay off the CU aswell, higher apr and repays etc. Unless your mortgage is very small 10k won't make a hige difference to it.