We've 100grand in consolidated school loans through Salle May at a BAD rate of4.375. Is there another loan co?

Question:Recently heard that 4.375 is an outragously high rate for school loans. But all of our loans are already consolidated. Are we out of luck? Want to switch to another company with lower rates.

Answers:
That is actually a good rate. he lowest is about 2.5 but most people at around 6%. student loans cap at 8.25%... once your locked in... then unfortunatly, your locked in

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