Friday, August 06, 2010

Academic Loans Consolidated

Today's mail offered a letter from the people who administer student loans consolidations. The matter has moved forward to finalization in 10 days. Yes, my loans are nearly consolidated.

This means my approximate $250 per month payment will drop to $110. That will be nice. And my adjustable rate changes to a 2.5% interest that remains unchanged throughout the term of the loan.

This is great news.
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2 comments:

  1. Jodi4:42 PM PDT

    Send the extra to me! Tuition payments resume at the end of the month!

    J.

    ReplyDelete
  2. Brother Dave5:57 PM PDT

    HoosierGirl — I understand the need. We will 'pay the piper' once we return from vacation at end of August. The extra saved by loan consolidation will help us pay down our credit cards.

    Can you say "no free lunch" boys and girls?

    :-(

    ReplyDelete

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