Monday, November 26, 2007

variable student loans: what the fuck?

the interest rate on my variable student loans are based on the 3-month LIBOR rate plus a fixed percentage. the current 3-month LIBOR rate is actually lower than it it was a year ago. so why did my interest rate just go up?

i'm going to dig up that piece of paper i signed and unleash a shitstorm on my student loan company. this is outrageous.

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