this post was submitted on 07 Apr 2024
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[–] corsicanguppy@lemmy.ca 4 points 1 year ago

When has it ever been cool to take out a loan to pay off other debt?

I hope these new loans are at decent rates.

[–] TerkErJerbs@lemm.ee 4 points 1 year ago

Yep and the banks won't lower interest rates. Hmmm...

[–] ikidd@lemmy.world 2 points 1 year ago

There was an extra year given on top of forgiving part of the loans, if they didn't do that, then that sounds like bad planning.

[–] Goodtoknow@lemmy.ca 1 points 1 year ago

I'm in debt under ceba, Not taking out other debt to pay though which seems dumb because the interest rate is so low (5%) Ama