The extension out to 30 years is brutal for PAYE bros, but ok for IBR bros
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Poast new message in this thread
Date: May 23rd, 2017 5:51 PM Author: electric nowag temple
IBR bros were already at 25 years / 15%, so the extension to 30 years / 12.5% isn't too bad.
But PAYE bros get fucked. 20 years / 10% extended out to 30 years / 12.5%. Brutal.
(http://www.autoadmit.com/thread.php?thread_id=3624354&forum_id=2#33378791) |
Date: May 23rd, 2017 5:59 PM Author: purple pit
only for new borrowers.
The people who really got fucked are those that took out loans right when they started to exponentially increase and before fed gov't took over and created IBR programs. They're the only ones that have high interest loans that they actually have to pay back. Those before, like earl, have 0.9% loans of like 100k, and those after have like 300k loans at 7% but just can PAYE and let do
(http://www.autoadmit.com/thread.php?thread_id=3624354&forum_id=2#33378867) |
Date: May 23rd, 2017 6:07 PM Author: Multi-colored startling senate
So if one were to get a FED Loan for a BS online MBA to buy property/crypto with they'd be fine as long as it's before 2018?
asking for a friend
(http://www.autoadmit.com/thread.php?thread_id=3624354&forum_id=2#33378932) |
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