Student Loan Consolidation Law
My student loans are already consolidated, but I want to reduce my interest rate? Any options?
My student loans consolidated in 1998-1999. Stafford loans are used to pay for my law school studies. My interest rate at 8.25%, and apart from the decrease the interest rate .25% with online payment, Sallie Mae / Bank One has offered me any other options, because my loans are already consolidated. Any options, apart from taking a private loan to consolidate again?
You could get a regular bank loan to pay them, but their interest of student loans is deductible from your federal income taxes, and a bank loan would be also the default rules are better for a loan student can also defer student loans.
Federal Student Loan Consolidation Program
