I took out a student loan through citibank and my interest rate is 9.250. From people I have talked to, this number sounds high. Am I wrong? I don’t really know anything about loans and could use some help and maybe where a better place to get a loan from for next year would be?
Thanks
Penfold
private student loans are always going to be high
ok, thanks, I was just unsure.
private loan FTL
[quote=“Nikuk,post:5,topic:31287"”]
http://www.nelnet.com/financial_aid_advice.aspx?id=868&path=bsp.fye.ufa.fnop
[/quote]
wow, thanks, that will help.
Much appreciated.
incorrect order:
correct order:
thats extremely high for a private loan even, mine is just slightly less than half of that, refinance like woah
[quote=“Penfold,post:6,topic:31287"”]
wow, thanks, that will help.
Much appreciated.
[/quote]
:tup:
Nelnet services 'em all anyhow.
[quote=“66impalass,post:8,topic:31287"”]
thats extremely high for a private loan even, mine is just slightly less than half of that, refinance like woah
[/quote]
where is yours through?
[quote=“theblue,post:7,topic:31287"”]
incorrect order:
correct order:
[/quote]
LOLLLLLLLL so true
[quote=“Penfold,post:10,topic:31287"”]
where is yours through?
[/quote]
chase
Ouch; is that what school loans are up to now??? Mine’s locked at 3.15%!! But mine’s a government loan
4.25% locked in over here, citibank
Consolidated back at 2% FTW…I have $18,000 in extra loans sitting in a money market at 5% while i make the minimum payments and write off the interest :tup:
ok, so. I did some looking around and found out that federal Stafford loans are locked in at 6.8%. the federal Stafford loan is what i applied for and thought I got through citibank, but they are telling me I have 9.25% interest.
I feel like an idiot that i just realized this now.
[quote=“Joe,post:15,topic:31287"”]
Consolidated back at 2% FTW…I have $18,000 in extra loans sitting in a money market at 5% while i make the minimum payments and write off the interest :tup:
[/quote]
:tup:
I have two loans. A small one at 7.14% that I pay extra on. The larger one is locked at 2.5% and I’m in no hurry to pay it off.
apparently I applied for the citiassist loan and that is why I have the high interest rate. This is what happens when a 18 year old high school senior is left to figure out everything about paying for college on his own…
Anyway, my question is, should I take out a federal stafford loan this year and use it to pay off the high interest loan I have?