I am less than 9 thousand dollars in debt of student loans. I am thinking of getting more student loans with less interest to pay off my current student loans with higher interest. All these loans are through FASFA Government loans ( FASFA now has lowered their percentage of interest since my first loan through them) . They are deferred loans which don’t need to be paid off until after I graduate. I was wondering if i do get other loans to pay off my existing loans, will it improve my credit at the same time?
Tags: deferred loans, existing loans, government loans, student loans, thousand dollars
