I’m refinancing this terrible loan and the bank person grimaced when they saw this.

  • Dozzi92@lemmy.world
    link
    fedilink
    arrow-up
    4
    ·
    1 day ago

    I have a three year loan at 1.9%. Why would I cough up an additional $20k now, when I could hang on to my cash and, at the very least, leave it in an account that earns twice that (and then some) in interest?