m3toocool
Hey everyone i am in a little pickle, but better now that i have a job...lol
So i have a reconsolidated loan that is at $63000 at a 6.0% Variable rate through wells fargo. Now i make 65k a year at my new job. This is the only debt i have, I use an AMex so i don’t monthly credit card bills. My question is what is the best way to quickly pay this off. Should i just pay the minum and put money in to stocks or saving and wait till i have cash or should i start paying more then the monthly "$550 dollar or so payment its been.
My next question is that wells Fargo said they won’t give me a 1080 for my taxes. Can i still write off the interest even after i reconsolidated
Thanks everyone
~Brand
So i have a reconsolidated loan that is at $63000 at a 6.0% Variable rate through wells fargo. Now i make 65k a year at my new job. This is the only debt i have, I use an AMex so i don’t monthly credit card bills. My question is what is the best way to quickly pay this off. Should i just pay the minum and put money in to stocks or saving and wait till i have cash or should i start paying more then the monthly "$550 dollar or so payment its been.
My next question is that wells Fargo said they won’t give me a 1080 for my taxes. Can i still write off the interest even after i reconsolidated
Thanks everyone
~Brand