Can you negotiate interest rates with a pole. the main company after the loan is paid?
I consolidated amount. loans with Nelnet four years ago. I have reduced my interest rate of 9% before consolidation to 7% after consolidation. These loans are very old (Mid 1990) that I am close to having paid the original principles before consolidation. Do you think that once I have paid the original principles of bargaining power to reduce the interest rate. I've never been in arrears. Also, I'ma public school teacher in a disadvantaged school. However, I do not qualify for any program remission of teachers due to the age of the original loans. Any suggestions?
The fact that you have made payments equal to the original capital may seem an important reference point for you, but loan companies carelessly. However, if your credit rating has improved over the years, may be able to negotiate a lower rate. In addition, interest rates are lower now than they were in the 90s. Remember that your only negotiating tactic is a threat to go elsewhere if they refuse to give you a better deal. So look around to see if another company offers a new consolidation. There are a plethora of programs of government everywhere and I do not know if you qualify for any of these.
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This post was written by admin on September 2, 2010
