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Need money for college tuition? ***********************************************************************************
Yes, we know we sound like a broken record, but for good reason - consolidating your federal student loans will lock in the lowest interest rates ever for federal student loans, and with a rate increase on the horizon, it's more important than ever. An increase from 3.37% (current Stafford Loan rate) to 5.16% (projected) may not sound like much, but it works out to a sizeable increase. Here's an example: If you have $30,000 in Stafford loans, and you consolidated today, your monthly payment would be approximately $172 a month. If you did nothing and let your rates go up to 5.16%, your monthly payment would be approximately $321 a month. That's a $149/month difference, enough for a car payment on an economy car, or a new iPod Shuffle EVERY MONTH. Wait an entire year, and you could pay an extra $1,788 in interest that you didn't have to pay. Can you imagine something better to do with $1,788 a year than give it to the government? Can you think of things you'd rather have, places you'd rather go with that money? Rates change on July 1, 2005. Consolidating takes 30 - 60 days. You MUST consolidate your loans NOW - TODAY - so that your consolidation is complete by the time the rate change takes effect. Even better news - it doesn't matter whether you have graduated or not. Even if you are still in school, you can consolidate! Get started RIGHT NOW by visiting: ***********************************************************************************
Consolidate and Negotiate a better deal!
Unless your student loan interest rates are
2.25%
you're paying too much!!! |