Both.

Ignoring any currency factors, 5.89% is not, in fact, 5.89%. A US HYSA comes with FDIC insurance. While it is possible I (and everyone else) is just not familiar with the instruments you are using, it seems extremely unlikely that you could get 5.89% yield with the same risk as a HYSA.

It’s illegal to accept or require more than one months rent due at signing to stop slimy landlords from making outrageously expensive security deposits.

You’re going to basic, not prison. People use their cars when they are in the service. You will get a chance to go home. Put the loan and your insurance on auto-pay. Your expenses will be low so you should be able to afford it.

A lack of insurance will not stop a more unscrupulous family member from joyriding your car.

Just letting you know that attempting to prepay rent in NYC is how you never get approved. Landlords are prohibited from taking more than one months rent at signing.

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Does it depreciate from time or mileage? Because It will not be moving, thank you for this advice btw.

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At my grandma's in a safe place, no one can drive it because gap insurance will not cover it.

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Honestly it is a really stupid idea unless you have a good reason to justify it. I just pre-paid my rent for February and March but only because I was trying to hit a SUB on a new credit card I got this month. Any other reason for prepaying rent doesn’t make any sense.

I don't get my bonus until I graduate boot camp

Also your insurance is the same. Shop around over the next week and get that cheaper.

Because you have a Leon on it you will still need full coverage you should be able to drop off a couple hundred a month just from that.

Yeah, after looking into it. It looks like only if you are stationed out of country. My b.

Best idea would be to move to literally any other city and invest the difference in savings.

And in most places, you could buy a house and start building equity for less than avg monthly rent in NYC.

My SOFI is at 3.75 and I’ve had no issues with them

You can get your interest rate capped at 6% for loans and credit cards but I haven’t heard anything about freezing them completely.

its a terrible idea unless theres a big benefit, and if theres a big benefit it's usually because it's a scam.

the only scenario where this makes sense for you is it you literally cant rent otherwise due to credit or evictions or something

it gives your landlord all the power and the capability to screw you

No, that's not how it works. Where did your enlistment bonus go?

See what Carvana and CarMax give you for offers

You have plenty of savings. Pay down the car.

Pretty much sums up so many students. Let's go to college, never looking ahead at the cost.

This could be totally unrelated to your situation, but it was my understanding that military members with loans when they get called up, can have them frozen until they return from service. Again, i could be wrong. But maybe something worth looking into? Good luck!

I paid my landlord 4 months at a time but it was because I was new to the country and couldn’t pass their equivalent of a credit check since I couldn’t open a local bank account yet. It was a compromise because he was worried about renting to a young foreign student in the country temporarily. He also gave me a slight discount in the process. Otherwise you are just giving them an interest free loan.