Direct Loans (student)

Discussion in 'Credit Talk' started by Marie, Jun 27, 2001.

  1. Marie

    Marie Well-Known Member

    talked with someone about the 5.99 fixed rate. It's available after july1. Yes, it is fixed if you consolidate and ask for the fixed rate.

    Also, I was told to call in every month and ask them to apply all my payment to my unsubsidized portion of my loan. It's a good idea that I didn't know I could do..

    (I have 2/3rds of my loan as the better subsidized, but 1/3rd is unsubsidized). You don't get as many benefits to the unsubsidized portions.

    Anyway, thought I'd pass it on. She said most reps won't tell you b/c it's more work for them. but it's certainly beneficial for us to make a simple call once a month.
  2. marci

    marci Well-Known Member


    Thanks for that great piece of information. You're right. I've *never* been told of that option before.

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