This will maintain the current interest rate of the loan, which can be very low, and eliminate the debt in the shortest payment period. (getoutofdebt.org)
You also have the ability to consolidate your federal loans at the average interest rate of your loans with a federal consolidation loan. (poorerthanyou.com)
The leverage strategy is working only if the after - tax return is higher than the after - tax interest rate of the loan. (financialcanadian.com)