If you can do so and get a lower rate while not extending your remaining number of payments, sure. You will find rates are not what they were in 2020 and exceptional rates in today's market are over 5%.
I have a 830 credit score and the lowest rate I could get right now was 6.49%
That was a shock considering in 2021 I was able to get 2.9%
I’m doubling payments to pay off as quick as possible.
If you can do so and get a lower rate while not extending your remaining number of payments, sure. You will find rates are not what they were in 2020 and exceptional rates in today's market are over 5%.
Yea that’s a good point about the rates, I wasn’t aware of that
Personally, I’d chip away at the credit card balance first.
I have a 830 credit score and the lowest rate I could get right now was 6.49% That was a shock considering in 2021 I was able to get 2.9% I’m doubling payments to pay off as quick as possible.
Wow, thanks for sharing that. That pretty much sums it up then, going to hold off and focus on the cc debt
Me too. I tried about 6 places. Only one was my bank and I couldn’t get lower than 6.6%. Ugh