Question:

Before I make a call on Monday to check I thought I'd check here first: I just looked at my student loan account and I have two loans, both consolidated: one is a consolidated subsidized loan (I think that means a consildation of all of my subsidized student loans) and I also have a consolidated loan of my unsibsidized loan. These student loans were consolidated at a terribly high rate - 8.25%. Is it possible to consildate these two consildated loans together in order to get a reduced rat


Answer:
yes you can probably lower rates on both. yes you could combine both. More than likely you'll be told the subsidized loans will become an "unsubsizied status" which means you could not request forbearence or delayed payment schedules anymore. This status could have a huge effect IF you lose your job and do not want late payments on loans.