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The time now is 01/08/09 - 21:33

Which loan to pay off first?


RealCool.BIZ Forum Index -> Finance -> Loans

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rupert
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Joined: 28 May 2007
Posts: 3



PostPosted: 04/14/08 - 09:01    Post subject: Reply with quote

As far I can remember I always had problems with money. While I worked in a company that situation was changing. Unfortunately that was not for long. I find myself again in problems and I really needed a personal loan very soon. Now I have a couple of loans, on is smaller and I do not know which one to pay first. What do you think?
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mile
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Joined: 25 Oct 2004
Posts: 3



PostPosted: 05/13/08 - 21:13    Post subject: Reply with quote

On my personal opinion you should pay off the bigger loan first. If I were in your shoes I would do it that way. I would feel more comfortable when I know I have to pay smaller amount later. But different people have different opinion. It is really up to you to decide which loan you should pay off first.
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