StudiogicStudent loan deferment is not relief. It is interest accumulating on a balance that was already too large. The payment pauses. The debt does not.
I built a spreadsheet that calculates your exact debt payoff date the moment you enter your balances and APRs. That date changes everything.
A balance transfer with a zero percent APR and no payoff plan is debt with a countdown clock. The interest does not disappear. It waits.
I built a spreadsheet that calculates your exact debt payoff date the moment you enter your balances and interest rates. Visibility changes behavior.
Treating all debt equally is the most expensive repayment strategy available to you. The interest rates are not equal. The payoff cost is not equal.
Debt payoff without sequencing is the most expensive version of effort. Paying minimums across all balances while carrying a 27% APR card is a math problem, not a discipline problem.
Debt sequenced by APR costs less than debt paid by guilt. These are not the same strategy.
I built a spreadsheet that shows your exact debt payoff date the moment you enter your balances. Visibility changes behavior.
Paying every debt equally is the most expensive strategy available. The math on that is not close.
A balance transfer with no payoff plan is just debt in a nicer neighborhood.