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Finance Advice Pt 253054


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Posted

If you had outstanding student debt of £3.5K and a credit card bill of £3.5k and the you had the means to pay off one. What would you pay off first?

1. I would have a net benefit monthly by paying off student loans 

2. But the interest rate is much lower on the student loan

Student loan will be paid off within the next 9-12 months anyway as its deducted at source.

Affordability for housing isn't an issue, just wondering if anyone has been in a similar position

 

Posted

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