How do I go about refinancing my student loan?
Filed Under (Credit) by admin on 24-11-2009
op_op_meister asked:
A few years ago, I received a Sallie Mae student loan for about $8000 with the understanding that the interest rate would be about 4%. To my dismay, I recently found out that this rate was not fixed, and my current rate is now just over 9% – more than double the original!
A few years ago, I received a Sallie Mae student loan for about $8000 with the understanding that the interest rate would be about 4%. To my dismay, I recently found out that this rate was not fixed, and my current rate is now just over 9% – more than double the original!
How does one go about refinancing a loan of this (small) size? Assuming my credit is good, what fixed rate can I expect to recieve?
Thanks in advance.
