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Monday, May 11, 2009 11:53 PM
- Topic :
- Consolidate Student Loans or Not?
Is it better to keep certain loans separate? Like the ones that have lower interest yield from the higher interest ones. Or should I consolidate them all and make lump sum payments?
Tuesday, May 12, 2009 1:21 PM
Here is something to think about regarding consolidating student loans. It has a longer terms than most other traditional loans. Your monthly repayments are lower, but it will add up in the long run and you end up paying much more than you borrow for.