Consolidate student loans will reduce the interest rate?
“Consolidate student loans” suggested the nice manager of the student’s loan department at the bank. I had come to tell him that I am having a hard time paying back all my loans, especially now that the semi-conductor industry is having a bad time and that I was laid off last week. “If you consolidate student loans it will save you administration charges that you are paying and I am almost sure the bank will consider reducing the interest rate on one large loan.” That’s when I knew that this was a fairy tale – the bank will reduce interest rates?
consolidate student loans
I have to go to the bank and investigate the chances to consolidate student loans.I have an old student loan from my first three years as an undergraduate at the university. Then I took another student loan to help me through the next four years of my medical studies. Then I worked for a few years at the hospital. Now I’m back at the university studying nuclear medicine and it’s clear that I will need at least one, if not two more loans to get me through this long course of studies. Somehow I will have to consolidate student loans.
loans student makes the top ten
There are a million websites on the internet offering student loans. Seems like anyone with a bit of money in the bank is ready to grant loans. Student after student lines up and is interviewed to see if he qualifies for the loans. Student after student is rejected. The conditions are tough and one really has to prove that you don’t have the wherewithal to go to university and more important, if you do get the loan, that you will succeed as a loans student. Myself, I finished in the top ten and justified the terms of the loan with distinction.