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Old 05-28-2003, 03:00 PM   #26 (permalink)
NoSoup
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Location: Green Bay, WI
Quote:
Jesus Pimp- I have over 35k in student loans with 3 different lenders. Should I consolidate?
Actually, Grimlok hit it right on the head. I would check to see A) Whether or not the interests rates drop in July, and B) How beneficial it would be. (How much would it lower your payment & how much the rate would drop)

Watch those interest rates though! I highly doubt that they will skyrocket anytime soon, (though I am no expert) but if they start to climb, I would consolidate them before the rates go any higher.

As for the law that Grimlok mentioned, the last I heard they were working on it, but I wouldn't recommend depending on it, seeing as how we are in America, and although the laws are usually beneficial, they take forever to pass.

Thanks for Posting!
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