I just feel so overwhelmed by all the information out there and trying to figure out what is best for my situation. So here is a breakdown of what I owe:
Im 30, and making ~52k
Citizens bank loan 1: 8.9% 4k (I didn't realize this loan had creeped so high and plan on paying it off in the next month or two).
Navient loan 2: 5k, ~8.5%
nelnet: 33k, between 3.5-6.8% The largest is 10k at 6,8%
American education services: 13k 6.7%
Do I just consolidate, go to income based for the federal loan? The navient is going to be my next focus to get rid of obviously, but I'd like to get the interest down across the board.
I don't have any other debt, moved back home to save money, have ~6k in savings and no 401 or other investments, and have a 730 credit score.
I know there are tons of resources out there, but I'm the kind of person that gets very indecisive and overthinks. I'd really like someone to just tell me what would be best to do for my situation. Of course I need to read and learn and be informed about this, but I appreciate personalized guidance.
Thank you for any help.
Submitted January 24, 2020 at 07:09PM by DreamingOfFlying https://ift.tt/2uwLl8i
