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 i got 1 million of debt, what shall i do?, debt& financial planning

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SUScheechongfun
post Nov 10 2014, 06:51 PM

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Settle the loan with the highest interest first.
I presume the personal loan will be the highest interest among all.
Settle the 41k personal loan with your 50k on hand.
Try rent out 1 property, aim for rental at least equal to your installment, therefore less 1 worry.
SUScheechongfun
post Nov 10 2014, 07:04 PM

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Interest 3.13% per month or 3.13% per year?

 

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