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Downside to getting special direct consolidtion loan?
| Hateful internal respiration rigpig | 06/26/12 |
| Galvanic hyperventilating private investor turdskin | 06/26/12 |
| Lake Crusty Candlestick Maker Heaven | 06/26/12 |
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Date: June 26th, 2012 6:47 PM Author: Hateful internal respiration rigpig The deadline is coming up. I have a lot of debt and would be able to put about 3/5 of it into the direct consolidation. I'd like to be able to at least put that on IBR if things went bad. Any reasons not to do this? (http://www.autoadmit.com/thread.php?thread_id=1980012&forum_id=2#20963564) |
Date: June 26th, 2012 7:49 PM Author: Galvanic hyperventilating private investor turdskin Greetings, Are your loans all at the same rate? If so, no downside. this is not legal advice i am not your lawyer |
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Date: June 26th, 2012 9:10 PM Author: Lake Crusty Candlestick Maker Heaven From what I have heard, there is no down side. Supposedly your separate loans with differing interest rates will not get rolled into one and you can prepay just the higher rate portions. I haven't confirmed this first hand yet though. (http://www.autoadmit.com/thread.php?thread_id=1980012&forum_id=2#20964257) |