 Consolidating Loans, Confused |
| Consolidating Loans, Confused |
  Jan 4 2007, 11:00 PM
Post
#1
|
|
 Group: Members Posts: 26 Joined: 23-February 06 From: San Antonio/ Lubbock Member No.: 70  |
Ok so I finally consolidated. But I'm confused and I cant find answers anywhere.
It says my principal is 41k and my interest is 47k and total payoff is about 89k... it says i pay 240something for the first 2 years and and in 2009 like 280 something until 2031. 89K confused the heck outta me because the interest rate im at is 6 point something. So my online friend was saying if I double up my payments and not pay the minimum... The 89k lowers? Please explain. Thanks!!!! Anyone know of a helpful site. Are the consolidating companies as bad as the Lenders then???? |
 |
 
|
impala454 it sounds like for some reason your interest was c... Jan 4 2007, 11:28 PM
pebkac QUOTE (impala454 @ Jan 4 2007, 11:28 PM) ... Jan 5 2007, 03:45 AM impala454 QUOTE (pebkac @ Jan 5 2007, 03:45 AM) Wel... Jan 5 2007, 11:51 AM pebkac QUOTE (impala454 @ Jan 5 2007, 11:51 AM) ... Jan 6 2007, 09:18 PM impala454 QUOTE (pebkac @ Jan 6 2007, 09:18 PM) Aft... Jan 7 2007, 12:33 AM Spectatrix QUOTE (ttugurl @ Jan 4 2007, 11:00 PM) So... Jan 5 2007, 01:13 AM woody QUOTE So my online friend was saying if I double u... Jan 5 2007, 09:06 AM Jessica the going interest rate on student loans is 4%.
I... Jan 5 2007, 12:13 PM woody my interest is at like 3.5%. I pay about 220/month... Jan 5 2007, 01:29 PM Jessica ummm of course thats what she meant. what the fuck... Jan 6 2007, 10:00 PM pebkac QUOTE (impala454 @ Jan 7 2007, 12:33 AM) ... Jan 7 2007, 12:25 PM  |
| Lo-Fi Version | Time is now: 4th August 2026 - 12:40 PM |
