Friday, May 19, 2006

Graduates Beware!

Okay, you know those letters you're getting? The ones that promise amazing .00004% interest rates if you re-consolidate your student loans?

Well, don't do it!
At least not for a while..
If you reconsolidate your loans right after you graduate, you lose your 6 month grace period for paying them back and will start receiving bills immediately.

Just a warning.
As always, I learned it the hard way, so I thought I'd share.

Now back to our regularly scheduled irreverance.
posted at 3:51 PM |