As a former student I got a few student loans totalling around £10,000. They are linked to the RPI (Retail Price Index) so are fairly low interest.
My question is should I sell some metal to pay them off now, or should I just defer repayment for another year?
Would higher interest rates be negative, or not necessarily as long as PMs keep pace with rates....?
Of course, there's always the hope that I'll never have to pay them back and will get to keep all the metal instead! But that would probably require a pretty serious collapse...
Thanks for all your thoughts...
A
My question is should I sell some metal to pay them off now, or should I just defer repayment for another year?
Would higher interest rates be negative, or not necessarily as long as PMs keep pace with rates....?
Of course, there's always the hope that I'll never have to pay them back and will get to keep all the metal instead! But that would probably require a pretty serious collapse...
Thanks for all your thoughts...
A