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Calculator: Should I Pay Off Debt or Save
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What to do with money always involves choices, some easier to make than others. The trade-off between
paying off credit and adding to savings is easier to see when you use this calculator.
Remember to save on credit, too, by using the low cost lender�your credit union�
whenever you borrow. And you win on the other side of your personal balance sheet by adding to
savings at the credit union�your source for high yields.
This calculator is solely for informational purposes and provides reasonably accurate results; the calculations are not intended to be relied upon as actual savings results computations.
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Published November 11, 2010
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