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I don't post much, but I have recently spoken to Nelnet about consolidation. I have not looked anywhere else yet. I was told that what would differ between business is the type of incentives offered. I was offered a choice of the two options below:

1% interest rate reduction after I make 36 consecutive on-time monthly payments


3.33% principal reduction after I make 30 consecutive on-time monthly payments

I'm not sure I will consolidate with Nelnet, but if I do, does anyone have any idea which incentive makes more sense?

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