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Which loans to pay off first...
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August 8th, 2008
I am arguing with my sister about this: If you have an unsubsidized student loan, with 8% interest, and a subsidized loan, with 3% and a car loan with 5% interest, which are you better off paying down first? The 8% student loan is the largest amount, and the other two are smaller and an equal amount.
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