what is the best way to lower interest rates on a loan?
Written By: admin on July 29, 2009
One Comment
I have a ,000 debt on a recent student loan. I usually pay 0.00 a month and the loan has an 8.5% interest rate. I would say about 5.00 of this amount goes directly to the interest. At this time I can only afford to pay this amount. Does anyone have a solution? Other options?
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Refinance with a lower rate, although with the lending all screwed up because of the housing bust it will be hard unless you have really excellent credit.