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Refinance Student Loans

Posted on 1/24/13 at 4:12 pm
Posted by BoobieWatcher
Member since Jun 2010
4587 posts
Posted on 1/24/13 at 4:12 pm

This post was edited on 3/27/13 at 4:04 pm
Posted by TheWiz
Third World, LA
Member since Aug 2007
11695 posts
Posted on 1/24/13 at 4:21 pm to
You can do a loan consolidation and shave off .25%, but other than that you can't really do much.
My wife and I have a close, personal hookup. We were able to consolidate both of our student loan debt, pay interest only for the first five years, and then the loan goes into term for five years. It's a pretty large sum and those last five years will be brutal, but well worth it in savings.
Posted by barry
Location, Location, Location
Member since Aug 2006
50382 posts
Posted on 1/24/13 at 4:43 pm to
quote:

Getting hit with 6.8% is stealing when the government borrows at .25% How can I lower my rate? Is there a way I can actually get it lowered?


Problem with student loans is they are far riskier because you aren't buying a tangible asset.

Yes I have mounting student loans and yes the rate is ridiculous. I'll be paying them off ASAP.
Posted by LSUSUPERSTAR
TX
Member since Jan 2005
16353 posts
Posted on 1/24/13 at 7:28 pm to
Does the gov really borrow at .25%?
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