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Old 03-21-2006, 10:19 PM
Schwartzy61 Schwartzy61 is offline
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Join Date: Feb 2005
Location: Finishing Dead Last
Posts: 2,236
Default Re: College Loan Consolidation

Doesn't cost anything...

Advantage: Lock in your interest rate
Advantage: typically payment goes down but that leads to disadvantage...
Disadvantage: It will now take longer to pay off your debt if you only pay minimums...
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