My student loan interest rates are killing me! Are there any options to lower my interest rate?

After college I decided I wanted to have all my loans in my name only (ie. not tied to my parents anymore) so I took out two consolidation loans from Sallie Mae, one for my federal loans and one for my private. Unfortunately, I did this at the exact wrong time and my federal loans are locked in at an interest rate of 6.65%! And without my parents' credit history, the best interest rate I qualified for on the private consolidation loan was 9.75%! Do I have any options for lowering the rate on either loan?
Answer:

You can ask Sallie Mae for a reduction in your interest rates, or you can try to consolidate with another company for a lower interest rate.

Sam D at Yahoo! Answers Visit the source

Was this solution helpful to you?

Other answers

Visit the site below and check out the resources there. You just might find what you are looking for. http://rds.yahoo.com/**http%3a//www.astudentloandebt.com

Related Q & A:

What Is The Best Bank To Get A Private Student Loan Through?Best solution by Yahoo! Answers
Which Bank has the highest interest rate in the UK?Best solution by Yahoo! Answers
How do you calculate your interest rates?Best solution by Yahoo! Answers
How do you figure out Interest Rate?Best solution by geeksonfinance.com
How can I lower my heart rate?Best solution by wiki.answers.com

Just Added Q & A:

How many active mobile subscribers are there in China?Best solution by Quora
How to find the right vacation?Best solution by bookit.com
How To Make Your Own Primer?Best solution by thekrazycouponlady.com
How do you get the domain & range?Best solution by ChaCha
How do you open pop up blockers?Best solution by Yahoo! Answers

For every problem there is a solution! Proved by Solucija.

Got an issue and looking for advice?
Ask Solucija to search every corner of the Web for help.
Get workable solutions and helpful tips in a moment.

Just ask Solucija about an issue you face and immediately get a list of ready solutions, answers and tips from other Internet users. We always provide the most suitable and complete answer to your question at the top, along with a few good alternatives below.