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I’m in a Financial Battle with My Husband
PS Don't put too much trust in the advice your current bank gives you! ..... He right now is looking at the stock market and the politics going on with it. ...ANSWERS
See all- If I understand this correctly, you're paying 10.75% interest on this loan, and the bank is giving you 2% on your money. Wouldn't you be saving 8.75% by paying it off...
- Everyone that has posted a response makes sense. But you have to consider many points. First, if you refi, then think about the fees you will have to pay to do so. ...
- Of course the bank wants you to keep the money in your savings account - if you take it out you're taking it from them and their ability to reinvest in their own sche...