By Tim Knox
I don't know if you're a fan of financial guru and radio showhost Dave Ramsey, but I certainly am.
I listen to Ramsey every day and find his advice to be based oncommon sense principles for getting out of debt and buildingwealth.
One thing that Ramsey recommends is that if you have highinterest student loans, you should refinance and consolidate themnow to lock in a reduced interest rate and lower your monthlypayments.
Other financial pundits agree. Most agree with Ramsey that thesooner you consolidate and refinance old high interest studentloans, the better off you will be.
I don't have student loans (no college would have me :o), butmany of my friends do.
I live in a very high tech area with lots of degreed engineersand programmers and scientists, many of whom owe tens ofthousands of dollars in old school loan debt.
If you have student loans the time to think about refinancing isnow.
Federal student loan interest rates are at an all time low, butthat can't last forever.
By refinancing your student loans now, you lock in the interestrate for the duration of the consolidation loan.
The first thing you need to do is find out if you are eligiblefor student loan consolidation.
On a referral from a friend, I found one online organization thatoffers a free survey that will tell if you are eligible for afederal student loan consolidation.
This organization says their average customer saves $150 a monthor $1,800 annually. That can add up to one heck of a savingsover the life of a 5 to 10 year loan.
Simply complete the online survey found at the link below to seeif you are eligible to consolidate your student loans.
Article Source: www.ArticlesBase.com
Tim Knox Entrepreneur, Author, Speaker
Tim Knox is a nationally-known small business expert who writes and speaksfrequently on the topic.For more information or to contact Tim please visit one of his sites below.
http://www.dropshipwholesale.net
http://www.smallbusinessqa.com
http://www.timknox.com
