07-17-2008, 01:03 PM
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#1 |
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Super Moderator
Join Date: Aug 2006
Location: West Coast
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Tuition loans at new low
Federal Sallie Mae tuition loans have been lowered by up to 1.5% in some accounts.
I would recommend paying off higher credit cards and home loans before making payments that are more than the monthly minimum. Take advantage of the new rate and clear out that higher interest debt while you can. Last edited by titan22; 07-17-2008 at 01:07 PM. |
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08-21-2008, 08:42 PM
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#2 |
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broke n' stuff
Join Date: Jul 2007
Posts: 77
Rep Power: 5 |
how does that work then? I could go get a tuition loan and pay off a lot of my debts without even going to any college?
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08-22-2008, 02:56 AM
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#3 |
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Super Moderator
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if you had variable loans between certain dates, you are automatically qualified for the lower rate.
if you go to school, get qualified for loans, then pay out of pocket i suppose you could do it. |
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08-22-2008, 11:50 AM
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#4 |
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Savings Advisor
Join Date: Aug 2006
Location: Central CT
Age: 32
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you can't take a student loan to pay off debt. lol
student loans are for college only. |
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08-22-2008, 12:18 PM
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#5 | |
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Super Moderator
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Quote:
I had all sorts of money. i had my mgib from the government. student aid, and i took out loans. |
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08-23-2008, 02:11 PM
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#6 | |
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broke n' stuff
Join Date: Jul 2007
Posts: 77
Rep Power: 5 |
Quote:
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