More interest: By making less monthly payments, you are simply extending your student loans term as it will take you longer period to repay the loan. (myfinancekits.com)
It is better to get a long - term loan which has low - interest rates and low APR with lesser monthly payments. (thebankly.com)
Less monthly payments mean that you'll be the proud vehicle owner quicker than you would when buying a new vehicle. (toyotaofgrapevine.com)