Sallie Mae Interest Rates - page 2

I wanted to see if anyone out there had the same situation. Salle Mae is the only lender that has a relationship with my school- so to cover the rest of my cost past what federal loans will cover I... Read More

  1. by   trishmsn
    Quote from Jenbun02
    Maybe once I am done with school I could look into it.
    Jem, whatever you do, wait UNTIL YOU ARE OUT OF SCHOOL to consolidate/refiance your student loans. You are permitted to consolidate ONCE---ever. So, if you consolidate your awful 12% loan to a 9% loan....you cannot then refi AGAIN when you have a chance to get a 5% loan for all of them later!!

    Too many people do not know this and shoot themselves in the foot looking for "better" instead of waiting for "best" rates!

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