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Originally posted by mullet81
can i hire one of you to take care of my financials and loans when i graduate? i just read this thread and i felt like i was reading chinese. i have no idea what any of you are saying
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lol listen you're able to get loans at a variable rate right now which means the interest rate can change. Now consolidation creates one loan from all of your little loans and creates one fixed rate that can't change.
So if you know you'll need money later, which you will probably for a home, max out your loans if they are at a nice low rate because when you consolidate you can stay around that low rate. Then with that money invest it in something that pays you more than what you lose ya dig?
-Rudey