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pavelump · January 24th, 2003, 17:27

The short term CDs aren't any better than the rate that I get on savings (credit union) and I also need the liquidity to transfer small amounts out ($2500) at a time. The interest is just a small bonus. It doesn't really amount to all that much in the grand scheme. The big bonus is not having my money sitting in the school's bank account in the event that I were to change my mind about attending. I don't imagine that will be the case, but it's better to have the option.

Dave

January 24th, 2003, 17:27	#4
pavelump Senior Member Join Date: Jul 2002 Location: Chicago Posts: 789	Re: Key Alternative Loan? The short term CDs aren't any better than the rate that I get on savings (credit union) and I also need the liquidity to transfer small amounts out ($2500) at a time. The interest is just a small bonus. It doesn't really amount to all that much in the grand scheme. The big bonus is not having my money sitting in the school's bank account in the event that I were to change my mind about attending. I don't imagine that will be the case, but it's better to have the option. Dave