We are given a total 36k. We have set aside some for a new used car for my spouse. We have about 25k to spend on getting my student loans partially paid off.
The person in charge of my loans in Navient. There are 15 small loans for a total of $101, 319.41. Break down of loan types and interest:
| Type | Amount of | interest |
|---|---|---|
| Direct Loan - Unsubsidized | 4 | 6.8% |
| Direct Loan - Subsidized | 4 | 2 at 6% 1 at 6.8% 1 at 3.4% |
| Stafford Unsubsidized | 2 | 6.8% |
| Stafford Subsidized | 3 | 6.8% |
| Signature Select | 2 | 11% |
I am not sure how to go about getting the best deal out of my money. These student loans hang over my head on a monthly basis. I am tired of Navient and their shitty practices. I have heard people mention you can some times call and they will settle for a lesser amount. Is that true? How do I do that? My first inclination is to pay off the 11% interest ones first. Please lead me down the path closer to a student loan free existence.
Submitted February 18, 2018 at 09:44PM by jjbombadil http://ift.tt/2o9LJnc
