FinancialLoan Switching
#RI-6adae07b·6 months ago·
1
“Switched from SAVE to fixed plan”
What Actually Happened
Interest added to principal after switching plans, increased monthly payment to $1500
What I wish I knew
"Interest would be capitalized after switching plans"
Advice to Someone Facing This Now
If I could tell you one thing
"Consider the interest capitalization before switching plans"
Regret Index
10/10
High, persistent regret.
Has not decreased significantly with time.
Has not decreased significantly with time.
Advice for Someone Facing This
Short, upvotable wisdom. The most helpful rises to the top.
No advice yet. Be the first to share wisdom.
Financial Category
337
Financial decisions logged. Avg regret 5.8/10 across the category.
Same Outcome Band
51%
of Financial decisions land in the severe band the same as this one.
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