I just graduated and I am trying to consolidate my student loans. Right now, they are with two different comapanies which offered me a 7.14% and 7.25% interest rate respectively. I called another company who had sent me literature, and they offered a 6.125% rate for the first 36 on time payments, then it will drop to 5.875% after that. I thought this was a good deal, but people keep telling me that it is an awfully high interest rate on a student loan. Does anyone know if a lower one can be found anywhere, and if so with what company? Is this about the best deal I will be able to get?
benjilove asked:
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- I received a letter stating my loan application had been approved. The funds had been dispursed to this creditor. I have an application in hand from another source with the same creditor but a lower interest. I NEVER filled out an application. I did fill out something online a while back that was supposed to help find someone to help me payback my loan …. not a loan application. Is this legal? What are my options? I’m not even sure I want to consolidate because my interest right now is lower than the consolidation rate and it is making me pay 10,000 in interest. The loan amounts from this one company that says they already dispursed the amount is almost 500 different than what I owe … like there are some fees associated …. that I am not aware of. Aren’t I supposed to see everything hard copy to review it first before a loan application can be processed? Such as fees and interest rate …. etc?
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2 comments
De 6% lening is niet zo slecht. Heeft u geprobeerd Sallie Mae? Ik heb een tarief van minder dan 5% met hen, maar het was ongeveer 3 jaar geleden.
eloan is good for lowest rates and here are somee]eloan is good for lowest rates and here are some more…]
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