Originally posted by 99SESPORT: It's not normal. And there isn't a consolidation "cutoff".
I'm in the process of consolidating my student loans and my wife's and the interest rate through Citibank is 3.5% for consolidation. The deal with the June 30th cut off date was to have it even lower than that...After June 30th, the rates were raised (I actually got the form several months ago and they told me this. Life just sometimes takes away time for filling out a consolidation form (like three pages, DOH!!)
Straight off their website...
Originally posted by CITIBANK STUDENT LOANS:
Current Interest Rates Stafford ........................ 5.30%* PLUS ............................. 6.10%* Loan Consolidation ....... 3.50%*
Oh, and we are doing the same thing 99SESPORT, and using Citibank to consolidate our loans.
Oh, and I like your signature and agree with you. I own a Chick-fil-A and that is one of the things that the founder S. Truett Cathy says. He says our company isn't a Christian company because Christ didn't die for a company, but rather a company that is based upon biblical principles.
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