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All of my current student loans are at fixed rate, is consolidating with the MedLoans program my best bet?
Financial Aid
Mark G asked:
My Sub/Unsub Staffords are @ 6.8 (fixed)
My Grad Plus is @ 8.5
My Consolidated is @ 4.75
I’m graduating medical school this spring and from my understanding there is no benefit to waiting and consolidating later since all my rates are frozen.
MedLoan will give me 0.375% off my weighted average on these loans (6.25-0.375%) as well as a 0.25% discount if I use a direct withdrawl option for payment.
Anything better out there for me?
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Tags: Benefit, Best Bet, Current, Fixed Rate, Medical School, Staffords, Student Loans, Weighted Average
August 26th, 2008 at 5:53 am
Maybe you can try below website to get the information you need. It’s about student loans consolidation articles for your second opinion.
-%20Save%20Money,%20Pay%20Less,%20Spend%20More.htm
August 29th, 2008 at 4:16 am
Hmmm, I’m not sure, so let me try to point you somewhere with better information:
The company I represent,, also offers loan consolidation. You fill out one loan application and it gets reviewed by up to six different private lenders. The idea is that they compete for your business so you end up with a better rate. I don’t know much about MedLoans, but this is just another option to look into, since it saves you the time of researching a bunch of individual programs.
Good luck!
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