Should I pay off my student loans or keep it in the bank?

The interest on my student loans are ~ 2%, should I take the money that I have in my savings and pay more than my monthly payments? I have enough to pay off one loan and still have a nice safety cushion Should I pay off that loan? Read more
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What can I do to rebuild credit and get out of financial trouble?

My wife and I are in some financial trouble. We are in our early 30s and our credit is terrible. We both have student loans, we have old credit card debt (though we have no current credit cards). We attempted to declare bankruptcy a few years ago, but the process got bogged down and stalled […] Read more
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Ways to improve my stagnant credit score

My credit score has been stuck at 695 for about four months. That’s a vast improvement from the 500 or so it was four years ago, so I’ve come a long way. I have two credit cards with balances on them, very low and an Amex I pay in full every month. I have utilities […] Read more
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Is it bad to consolidate and pay off private student loans with margin from my brokerage account?

I have several private student loans that aren’t eligible for debt forgiveness and with interest rates between 10-15%, for a total of about $30K. I think it would be easier to pay the loan down over the next 5-10 years or so if the interest rate was so lower, so I could make the minimum […] Read more
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How big of a mortgage can I realistically afford?

How big of a mortgage can I realistically afford?

I’m 25, and I’m in the process of closing on a $260,000 mortgage for a very nice condo in downtown Salt Lake City. My salary is $80,000 right now, which I feel is pretty solid, but I’m starting to get cold feet as I am a first-time homeowner and the amount of interest just seems […] Read more
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How to find the right credit union?

I have 3 months left in grad school, currently with about $50,000 in student loans (most of it at 6% interest). I also need to finance or lease a used car. Suppose I select a car with a sticker price no higher than $20,000. I have no other debt, and a spotless credit history (I […] Read more
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How can I adjust tax withholding so that I don't get a large Tax Refund?

I’m a few years out of college now. I’ve filled out my W4 accurately and I still get a tax refund every year of a pretty sizable sum. The thing is, I have student loans and I would much rather have been paying that extra money on a monthly basis (to prevent interest charges) than […] Read more
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Why might it be advisable to keep student debt vs. paying it off quickly?

As of a couple weeks ago, I paid off all of my student debt. Hooray… But I have a friend named A who has a friend named B who is a financial advisor (a young so therefore perhaps ignorantly malicious one). B has convinced A that he should take a very long time to pay […] Read more
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When should I reduce my student loan payments in order to save up for a down payment on another loan?

I’m currently paying off a little over $13,500 of student loans, at a rate of $300 a month and accrues approximately $60 of interest each month. My bi-weekly take-home salary is approximately $1,350 (after health benefits, taxes, Social Security and union fees) and I live together with my wife, who makes a very modest SSI […] Read more
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How to pay U.S. bills while living in Canada with Canadian income?

I’m from the U.S., but I’m living in Canada and all my income is in Canadian dollars. What good options do I have for paying my American bills? Currently, the best option that’s been presented to me is a $40 bank draft. It seems a bit silly to make a $40 bank draft to pay […] Read more
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