Saturday, April 18, 2009
Consolidate student loans during the grace period
When you consolidate student loans during the 6-month post graduation grace period, you’ll take advantage of one of the biggest money saving opportunities available. During this grace period, the interest rates are approximately .60% lower than when the loan moves into repayment status. The interest rate you receive when you consolidate student loans is dependant on the current government rate on the loan. When you consolidate student loans during this short window of time you lock in an incredibly low rate for the next 10-30 years of repayment.
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