M mad m Registered User Messages 66 13 Oct 2008 #1 Have about 13k in loans from my local credit union...Have around 28k in savings combined with wife. Just wondering would it be better to just pay off loan. Loan is over 5years.
Have about 13k in loans from my local credit union...Have around 28k in savings combined with wife. Just wondering would it be better to just pay off loan. Loan is over 5years.
Z zztop Registered User Messages 129 14 Oct 2008 #2 Loan rate higher than savings dividend??Why pay interest if you dont have to.