Should I pay off my auto loan or my student loans first?
Should I pay off my auto loan or my student loans first? I live in the US- given that there may still be some student loan forgiveness plans coming down the pipeline, should I bother making more than minimum payments on my student loans? I just purchased a new car with a 72 month loan of $24K at 5.49% APR with plans on overpaying to pay it off in 48 months instead. Minimum payment is $390/month. Howev…