Is prime interest rate or Laibor interest rate better when colsolidating private student loans?

Jan 30, 2008 by Megan M | Posted in Financial Aid

I am consolidating my private student loans and some places have prime interest rate and others have Laibor inerest rate. Which is a better choice?

Its hard to say without all the details, but I would be VERY careful when trying to consoliate private loans. As mentioned earlier, you really have to compare apples to apples here. With recent changes in the industry, there are probably FEW borrower

John | Jan 31, 2008

Depends what the rate is. I would look beyond the rate. what is the lender offering as incentives: how many on time payments before the rate is reduced, how much is the rate reduced if i get the payment automatically deducted out of my account, etc.
Joe R | Jan 30, 2008

What does it mean for the economy if the prime interest rate remains constant?

Mar 20, 2011 by STEPH* | Posted in Economics

For example Canada's prime interest rate has been at 3% since September of 2010...what does this mean for the economy? Help me please! :)

It means that there is no inflation.

| Mar 20, 2011

Prime interest rate

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prime interest rate - Bookshelf


Prime interest rate
36 pages 		Prime interest rate

Creator: Billy W. Allen, Southern Methodist University, Southwestern Graduate School of Banking | 1972
Understanding interest rate swaps
302 pages 		Understanding interest rate swaps

Creator: Mary S. Schaeffer, Mary S. Ludwig | 1993-05-01
This hands-on guide keeps readers immediately current with the latest, successful strategies and techniques used by today's top Swap traders and corporate users.
Publisher: McGraw-Hill Companies
Interest rate models, theory and practice : with smile, inflation, and credit
981 pages 		Interest rate models, theory and practice : with smile, inflation, and credit

Creator: Damiano Brigo, Fabio Mercurio | Business & Economics - 2006
This book explains how Interest-rate models work and shows how to implement them for concrete pricing.
Publisher: Springer Verlag

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prime interest rate - News


Why Interest Rates Can Never Rise Again
Tycoon Report - Jul 18, 2011
Why Interest Rates Can Never Rise Again Both the US government and its citizenry have benefited from 30 years of declining interest rates. Since the prime rate peaked in the early eighties north of 20%, it's been nothing but downhill. This has been a good thing. Lower interest rates

Credit card rates drop for consumer rewards cards
Fox Business - Jul 16, 2011
Like the prime rate, most of the rates in the IndexCreditCards.com survey were unchanged in the first half of July. While both the prime rate and individual credit card rates are affected by changes in the market environment for interest rates,

Moody's: UK House Prices To Stay Broadly Flat; RMBS Stable
IMarketnews.com - Jul 19, 2011
It said it expected prime borrowers to be able to withstand the modest interest rate hikes it is expecting. "The performance of the UK prime residential mortgage-backed securities (RMBS) market continued its stable trend in the three-month period

Berlusconi, like Europe, faces date with destiny
MarketWatch - Jul 18, 2011
Berlusconi, like Europe, faces date with destiny Now that the ECB has started raising interest rates again, Italy — with a largely stagnant, uncompetitive economy and a public debt to GDP ratio of 120% — is back in the firing line. The European bank stress tests have been criticized as being too

Economy strong despite overseas woes: PM
Ninemsn - Jul 18, 2011
Economy strong despite overseas woes: PM And it isn't just current and past prime ministers who are at odds about the outlook. The chief economists of Australia's two largest banks have completely differing views on the direction of interest rates. Tuesday's release of the Reserve Bank of

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