What is this horseshit? Almost $2k in interest this year and it will not even let me throw money against the principal.

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[–] 2 points 2 months ago (1 child)

Why not just borrow less this year and have a lower principal?

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  • [–] 0 points 2 months ago

    Ah, I see. I misunderstood their position. Yes, you should ask for a smaller principal loan, instead of just paying down the interest of a larger loan.

    A smaller principal is always best, but sometimes that is best served by paying down interest.

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