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Personal Finances / Credit Cards and Consumer Debt

URL:  http://boards.fool.com/pay-on-the-debt-the-student-loan-and-auto-loan-14841961.aspx

Subject:  Re: Need your advice Date:  4/25/2001  1:29 PM
Author:  jamestox Number:  68049 of 308782

Pay on the debt. The student loan and auto loan will continue to accrue interest...the larger the balance, the more the interest. If you can at least knock some of the principle down, the interest will also go down - and won't accrue as quickly.

JT
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