I have about 8 student loans totaling around $30,000. Most of these have accumulated interest above the original loan amount. I recently came into some inheritance and have about $10,000 I want to allocate to my student loan debt. Should I focus on paying off the extra interest on loans so they are the original amounts or should I pay the oldest ones first? What is the best way to apply the funds that will have the highest impact on my credit score?
Submitted November 17, 2020 at 09:13PM by boop4534 https://ift.tt/3pChB20
