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WOW, big quarterly interest rate drop

Submitted by drjonah on Wed, 04/01/2009 - 14:24
Posts: 244
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4 of my 6 private loans just dropped like a rock, last quarter they were 7.75% and I just checked today and they are now 5.4%!!!
You can bet your fanny I'm using my tax returns to make a big payment and then see about getting my monthly payment recalculated.
Who knows what next quarter will hold but i'm definately taking advantage of these rates