scaredyclassic wrote:zk

[Coronita]

[quote=scaredyclassic][quote=zk][quote=Coronita]Is there a cap on the variable rate?

There’s a high probability of student loan debt forgiveness in the future, so why not.[/quote]

I don’t think the 1.5% loan he’s talking about is a student loan.

Please correct me if I’m wrong. I would be down for that.

If it’s not a student loan, what kind of loan is it?

If it is a student loan, what kind of student loan is it?[/quote]

Sallie maes website currently says as low as 1.49 variable student loans. I havent read the fine pront.

https://www.salliemae.com/%5B/quote%5D

So I’m curious about this, since it’s going to be something on my mind in 4-5 years. The thing I find disturbing though…. It’s really hard to find the fine print concerning the 1.25% variable rate loan, beyond that you must have some auto-pay feature enabled to get the lowest rate.

That in itself is troubling for me. If the offer was really good, the fine print should be easily found….

Why do I get the feeling that student loans are as predatory as credit cards….