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Author Topic: This summer= great time to consolidate loans  (Read 3164 times)
abdbiz
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Posts: 245
« on: March 18, 2008, 02:01:29 PM »
Just a heads up: Right now, rates are projected to go down to 3.4% (91 day tbill + 2.3%). Rates are currently at 6.8%


I believe the last 91 day tbill auction in May is used, and that could possibly be even lower than the current 1.1%

I almost consolidated my loans last year, but I took a shot that rates would be lower, hopefully things stick for a couple of months.
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panthro
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Posts: 44
« Reply #1 on: March 18, 2008, 06:17:57 PM »
Forgive my ignorance, but what kind of loans are you referring to? Student loans, or any kind of loans? What about credit card "loans"?
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abdbiz
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Posts: 245
« Reply #2 on: March 19, 2008, 01:54:40 PM »
Student loans
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a_salika
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Posts: 67
« Reply #3 on: March 21, 2008, 05:29:39 AM »
Hi there,

Thanks for this announcement, can I consolidate my subsidized Stafford loans so that when I pay them off when I graduate the rate will be lower? If so, how and where do I do this?
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