Monday, October 02, 2006
I just checked my Sallie Mae "borrower benefits" - and the only thing my loans are eligible for is a 1% interest rate reduction after I have made 36 on-time payments. However, I've got 27 more payments to go. Sigh.. I'll be practically OLD by then. (kidding! kidding!) That's a nice break though seeing as how my interest rate is fixed at 3.8% anyway, so that's more than a quarter of the interest rate. Then my loan will be paid down even faster, which is pretty cool.
Posted by Kira at 10:18 PM