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Refinancing Student Loans?
Posted on 11/20/12 at 9:31 am
Posted on 11/20/12 at 9:31 am
My GF has student loan debt of about $11k. I think it's through Sallie Mae, but her interest rate is something like 6%. I had some student loan debt back in the early 2000's and I was also with Sallie Mae, but my interest rate was something ridiculous like 1.3% 
Can someone refinance their student loan debt and try to get the low interest rates right now? Just curious, as lower interest would really help.
Can someone refinance their student loan debt and try to get the low interest rates right now? Just curious, as lower interest would really help.
1
Posted on 11/20/12 at 10:09 am to nikki6
I wish.
Most fed stafford loans now are 6.5 +/- .25. the federal direct program gives you the option to consolidate all of your remianing "private" loans, but at >6% in most cases.
Can't balance transfer them either.
Most fed stafford loans now are 6.5 +/- .25. the federal direct program gives you the option to consolidate all of your remianing "private" loans, but at >6% in most cases.
Can't balance transfer them either.
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