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by Answer Rabbit on April 10th, 2006

Answer Rabbit

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Should I take out another loan to pay off my student loans?

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Answers. 3 helpful answers below.

  • by bingobongo - is really losing interes... on August 16th, 2008

    bingobongo - is really losing interes...

    Countries that do that are classed as being "third world" - if that helps you decide!

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  • by coolbair on August 16th, 2008

    coolbair

    No, you would really only be delaying the inevitable and paying more interest than you need to. The real problem or question you should be asking is why can't you pay the first loan off?

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  • by Jackie on August 16th, 2008

    Jackie

    Heck no! Just pay of your student loans as well as you can. If you take out another it would just add to the mess. Plus student loans ahve a lower interest rate, I dont think I can say the same thing about rgular loans. You might actually be paying back more money then now if u did that.

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