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- Mar 8, 2006
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Which is better? After exploring all the options, i believe MEFA is the one of the better ones out there. They offer 7-7.5% apr ... which is much better than 8% on the signature loan programs. Not only that, you probably know that the interest is capitalized if u dont pay off anything while in school and a slight percentage diffference (.5%) from Sallie Mae to MEFA can make an AMAZING difference. RIGHT?