Archive for July, 2008

Not Happy with Your Current Consolidation Company?

July 17th, 2008 at 02:58am Under Student Loans

I acquire heard recently that if you have previously consolidated your Federal loans, you can switch your loans ancient history the US Dept of edification (Direct Loans).

conserve in head that your rate option not change, and your loan term will most likely start over…so if you have happenen paying for 5 years already, you may be paying for longer.

However, this can be avoided by way of just paying more than what is due each month, therefore you would be done paying sooner than the date allotted in the consolidation. For more information on this you can call 1800-557-7392 or visit loanconsolidation.ed.gov

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Fixed rate Stafford loan rate drop

July 1st, 2008 at 02:58am Under Student Loans

just as of July 1, 2008, the curiosity scale on all NEW subsidized Stafford loans last wishes drop to 6.

0%, a reduction of 0.

8%. tote this in mind closest year when it’s time to compact your student loans!

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