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Started By
Message
re: Consolidating Student Loans
Posted on 10/19/14 at 4:00 pm to Lsujacket66
Posted on 10/19/14 at 4:00 pm to Lsujacket66
quote:
generally its not in your benefit to consolidate. This is called credit shuffling, and doesnt really benefit you unless you are getting some kind of government assistance with lowering the rate.
So our two loans at 6.8 and 7.2% consolidated into one at 4.15% was a bad idea? Got it.
Posted on 10/19/14 at 4:38 pm to Golfer
quote:Very curious where you got this done. Not for myself but for my sister
So our two loans at 6.8 and 7.2% consolidated into one at 4.15% was a bad idea? Got it.
Posted on 10/19/14 at 6:40 pm to Golfer
If you don't mind, how many years did you refi for and is that a fixed or variable rate?
Posted on 10/27/14 at 1:16 am to Golfer
quote:
quote:
generally its not in your benefit to consolidate. This is called credit shuffling, and doesnt really benefit you unless you are getting some kind of government assistance with lowering the rate.
So our two loans at 6.8 and 7.2% consolidated into one at 4.15% was a bad idea? Got it.
que the government assistance portion of my post
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