Hi guys,
Need some advice on money matters
I have a loan in the credit union that I am looking to pay off in the soonest possible amount of time.
The loan is now at €8300
Shares are at €3359
I pay €350 per month on this loan, that’s all I can afford. After interest, I’m paying off about 280 per month of the actual loan.
I have €2900 in the bank saved and will use this but I don’t know how or where to put this money in the best way to pay off the loan? Shares or payment of loan?
I understand and hope! that when shares = loan left that the CU will neutralize it all and I wont have any more to pay
Any advice really appreciated