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student loan refinance rate FAQ
Why does my lender want me to refinance my student loan?
Jun 16, 2006 by drew2718281 | Posted in Credit
I keep receiving mail from my lender telling me to refinance before July 1, when the rate on my current, adjustable rate student loan will increase. I understand how this benefits me, but what does my lender get out of the deal? Why are they advertising
If you refinance, the place refinancing your loan will pay off that lender in full and free up that money for them to use for a higher rate loan somehwere else. They are also trying to do you a favor. You don't have to refinance if you don't want to,
sunshine_today | Jun 16, 2006
If you refinance, the place refinancing your loan will pay off that lender in full and free up that money for them to use for a higher rate loan somehwere else. They are also trying to do you a favor. You don't have to refinance if you don't want to,
sunshine_today | Jun 16, 2006
My student loan interest rate is 6.8%. I only have one loan, is it possible to refinance it into a lower rate?
Mar 16, 2011 by stephbrown2005 | Posted in Financial Aid
6.8% seems high. My mortgage and car interest rates are much lower than that. I am just unaware as to how to get it lowered.
Thanks
Yes, I understand about refinancing, but student loans are different than regular loans. I'm not
that is a good rate for a student loan actually.... mortgage and car loans generally have low interest rates because they have something tangeable attached to them as colateral... not so for student loans.
the only way to get this lowered
| Mar 16, 2011
simple, get a cheaper loan and pay the ed loan off.
justagorilla | Mar 16, 2011
How can I refinance a student loan or $46,000 I have at 8.5% into a lower rate?
May 02, 2006 by klholton | Posted in Financial Aid
I've also heard about student loan forgiveness programs. How is one eligible? I owe a lot of money and don't make that much now. The interest alone is over $350 a month.
If you could provide a little additional information, that would help. What kinds of student loans do you have? Have they been consolidated? Are you a teacher?
If the loan is private, there isn't much that you can do to lower your rate
FinAidGrrl | May 02, 2006
student loan refinance rate news
Obama's 'to do' list for Congress: jobs, mortgages
18.05.12
By KEN THOMAS
Associated Press
ALBANY, N.Y. (AP) - President Barack Obama said Tuesday that only Congress can take the "bold action" needed to spur job creation, as he unfurled an election year "to do" list for lawmakers.
Obama's action plan for Congress centers on a series of economic initiatives he has already been pushing for months, including eliminating tax incentives for companies that ship jobs overseas and promoting new tax credits for small businesses and for companies to develop clean energy.
Source: WDAM-TV
Obama's 'to do' list for Congress: jobs, mortgages
18.05.12
ALBANY, N.Y. (AP) — President Barack Obama said Tuesday that only Congress can take the "bold action" needed to spur job creation, as he unfurled an election year "to do" list for lawmakers.
Obama's action plan for Congress centers on a series of economic initiatives he has already been pushing for months, including eliminating tax incentives for companies that ship jobs overseas and promoting new tax credits for small businesses and for companies to develop clean energy.
Source: The Associated Press
Stocks fall as Greece struggles to form government
18.05.12
By DANIEL WAGNER
AP Business Writer
Political uncertainty in debt-hobbled Europe spread to financial markets Tuesday and pushed stocks lower in Europe and the United States.
The Dow Jones industrial average was down almost 200 points at its low point for the day before recovering most of its loss to finish down 76. It was the average's fifth straight decline.
Source: KGWN
student loan refinance rate about
Refinancing Student Loan Offers Many Advantages
Popular Hobbies - Apr 25, 2011
The good thing about federal student loan holders is that they can refinance their student loan at no cost. They can also benefit a lot from locking in a low interest rate for the life of the loan. Refinancing student loan also extend more years to
Options to get the Lowest Student Loan Consolidation
Popular Hobbies - Apr 11, 2011
Consolidating student loans has become a trend these days as it remarkably lowers ones monthly payment down to as much as 60 percent. The key to find the lowest student loan consolidation is to find the right lender and the right interest rate.
Refinancing Student Loan Helps Cope Up With Student Loan Burden
Popular Hobbies - Apr 20, 2011
One way to refinance is to avail of student loan consolidation. This allows you to save hundreds and even thousands of dollars. Graduating college is just the beginning of problems in repaying multiple loans that come in different interest rates.
College-Loans Consolidation: Why It Will Be Needed
Considerations - Apr 25, 2011
When Michelle Bisutti, a 41-year-old family practitioner in Columbus, Ohio, finished medical school in 2003, her student-loan debt amounted to roughly $250000. Since then, it has ballooned to $555000… Unlike other kinds of debt, student loans can be