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Paying back an over payment..incomings & outgoings advice please.
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Hope I haven't posted in wrong place.
If I have I apologise
My daughter owes 20k plus on loan, she is earning 27k just recently and started to pay back loan, she may be doing contract work soon therefore yearly salary may almost double, would she be better to pay back monthly as is set by the loans company or over the longer term will she end up paying back more if on higher salary the question is would she be better paying it off quicker? thanks.
:money:brenda100 -
brenda..I think it would be a good idea to start your own thread. That way it is clearly visable to anyone who can offer advice.0
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