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Old 12-04-2005, 07:14 PM
BigBaitsim (milo) BigBaitsim (milo) is offline
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Join Date: Oct 2003
Posts: 373
Default Re: Student loan consolitation

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I finished college last year and owe about 17K in loans. I keep getting things from a company called Nelnet to consolidate my loans and save like 2% on intrest. I remeber hearing to stay away from doing this but i dont remember where i heard it from. Are this things worth looking into or should i just stick with paying AES. My intrest rate with AES is like 5%

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The wife and I consolidated through the US Dept of Education, and not a private company. We pay less than 4% on the 150K original debt owed.

Our credit scores were good enough last year to get a mortgage loan at the going rate, despite neither of us having an actual job.

Consolidate.
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