I have plenty of student loans some are 4.5% 2 are 17.5% and the rest are like 5.75%, tomorrows the last day to consolidate to "lock" in a low rate. Does this mean my 4.5% interest loans will go UP to 5 something? Or will they stay the same. When I started the application it said it would consolidate them for 5.5%, what do "they" get out of consolidating my loans? I don't have to repay them yet since I'm not done college. Are there any pitfalls to consolidating loans?
2006-06-30
00:34:40
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3 answers
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asked by
double v
5
in
Business & Finance
➔ Personal Finance