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- Sep 18, 2008
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So my company reimburses you for college classes. I just got my reimbursement check for this past semester, so I can pay off my student loan or I can pay off 30% of my credit card debt.
I think it's probably a no-brainer that I should pay off some of the credit card since the interest rate is much higher than the student loan. But then I heard that you can never get away from a student loan, even if you file bankruptcy.
Now I'm not likely to file bankruptcy anytime soon, but finding that out did make me start to wonder if there were any other disadvantages to paying off the credit card instead of the student loan.
So as with every life decision, I thought the best thing to do was to ask a bunch of dudes that watch UFC.
I think it's probably a no-brainer that I should pay off some of the credit card since the interest rate is much higher than the student loan. But then I heard that you can never get away from a student loan, even if you file bankruptcy.
Now I'm not likely to file bankruptcy anytime soon, but finding that out did make me start to wonder if there were any other disadvantages to paying off the credit card instead of the student loan.
So as with every life decision, I thought the best thing to do was to ask a bunch of dudes that watch UFC.