Refinance School Loans
I would like to refinance my ridiculously high interest rate Sallie Mae loans. No, I do not just want to consolidate…I want to locate a company that will get the federal loans and I will pay them back at a lower interest rate. I know this is difficult to come by as there is no equity behind the loans (as opposed to a mortgage loan). Please assist me!
Answer by just not that
You are not going to find any bank or any program that will give you a far better rate than your federal loans. Sorry, no such program, for precisely the reason you stated (no equity). Your finest bet is to get a job and pay as considerably as you can as rapidly as you can. If you already have a job then get a second, or a third! If you have some thing of value (like a paid off home) you may possibly be able to use that to get a greater rate, but I doubt it!!
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