View Single Post
  #1 (permalink)  
Old 12-21-2007, 01:55 AM
yellowcoatscareme yellowcoatscareme is offline
Junior Member
 
Join Date: Dec 2007
Posts: 1
yellowcoatscareme is on a distinguished road
Default question about credit card vs. student loans?

so, i have 1687 on my CC w/ 0% APR till jan. 2008. i have to pay student loans too.my question: should i pay my accrued interest off when paying for student loans or put all money toward CC so it will be paid off?i plan on take my tax refrund, about 1200, and completely paying my CC. my CC interest will be 11%, after jan. 2008i have a baby due in 2/08. i have to pay 250 monthly for daycarei'm thinking that i should get rid off the CC bill because that's one less bill, and THEN focus on teh student loan, but i dont if that will hurt me in the long run.my studnet loan interste is less than my CCi get money back for paying interest on student loans; money back from home insurance...so, i dont see how i get too much money back???you dont even know how much i make!
Reply With Quote