here is the situation...have a car i owe $10,000 at 15% interest w/ a payment of 312 a month. have a motorcycle i owe $7,000 at 15% interest w/ a payment of 140 a month. should i pay off the motorcycle to have that less interest im paying out a month or take the extra 6 months to a year to save the other $3,000 and pay off the car first and have more a month extra and more interest im getting rid of. by the sounds of it all i should pay the car off since more interest and more extra a month in my pocket but will i lose money taking the extra 6 months to a year paying on both in the long run?
ok need the financial experts on this one!?
- Thread starter kim v
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