Taking out new loans to payoff loans from last year

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AJS30
Posts: 179
Joined: Mon Dec 09, 2013 7:57 pm

Taking out new loans to payoff loans from last year

Postby AJS30 » Mon Jan 27, 2014 11:50 pm

Are there any rules which prohibit someone from taking out the lower interest rate Grad Plus loan to payoff their already existing Grad Plus loan at the 7.9% interest rate?

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Hipster but Athletic
Posts: 1993
Joined: Mon Sep 23, 2013 2:15 pm

Re: Taking out new loans to payoff loans from last year

Postby Hipster but Athletic » Mon Jan 27, 2014 11:54 pm

There's maximums and crazy fees




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