Loan consolidation - good idea?
Looking into consolidating my loans. Does anyone know any benefit
other than locking in the current rate? My concern is that if I lock
in this rate, and the rate drops in the future, I'll be stuck paying a
higher rate. Also, is it better to go with a government consolidation
or with one of the companies out there that keeps sending me
literature like CFS.
- I work for a company that does consolidation loans and came across
your posting. Consolidation may be a good idea, but it depends upon
your circumstance. It is a personal decision; however, there are
three basic advantages to consolidating your