Thursday, December 24, 2009

Fixed Rate Private Loan Consolidation With A Private Education Loan Consolidation Is It Better To Have A Fixed Or Variable Interest Rate?

With a private education loan consolidation is it better to have a fixed or variable interest rate? - fixed rate private loan consolidation

A fixed rate loan, you receive a degree of predictability. Unless the decline a few years, you can always refinance the loan. With a variable interest rate that you would like to thank to the market, but could benefit from a rate more attractive in the short term.

I like what I pay per month for month, so they prefer a fixed interest rate. It is much easier on the budget.

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