615 HELP debt indexation, mortgage refinancing cashback, loans for cars and holidays + more
money money money
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How Much Can We Borrow?
Brody: I only have one debt, a car loan at 2.4% interest rate. But if I can earn a higher rate on my savings account above 4%, does it make sense to leave the money sitting in my account making for? Or is there something I'm missing? Obviously, if the interest rates drop and my savings account drop below 2.4%, it's a very different situation. What are you doing in Brody's situation?
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