Thursday, June 18th, 2009

How can I reduce my interest on a private student loan ? I have AES loan with 8.73% on 11,000?

AES Student Loan
travis_ferreira asked:


I am wondering if there are any loan companies out there with a lower interest rate that I can transfer this amount to. 8.730% is just ridiculous and the loan company seems to increase the rate whenever they want.

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One Response to “How can I reduce my interest on a private student loan ? I have AES loan with 8.73% on 11,000?”

chartley Says:

If you have a house as a collateral then it may be possible.
Call your student loan company to see if they can lower the rate.
Good luck.

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