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Discussion in 'Credit Talk' started by laurie33, Aug 12, 2003.
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I wouldn't think there's any reason you can't. I'd do mine but they're already at 4.25%. Given the volume of people consolidating their SLs right now I'm sure you're elligible. You could always go to the loan consolidation site and www.ed.gov (I think that's the DOE website) and see for yourself.
I asked the same question a week ago, and the answer I got was "no". Unless you have a new unconsolidated loan, you can't re-consolidate consolidated loans to take advantage of the new rates.
right on Marci! correct answer. It does stink!
Yikes! That's too bad. I guess I got lucky w/ my rates and haven't had to check up on it.
Re: Lower student loan interest rat
Thanks marci, I sure wish that weren't the case. On a $21K loan those 3-4 percentage points would sure help a lot.