<prompt> Human: Total Loan 71,000Annual Income 75,000Current Interest Rate 6.5My personal bank told me that with an unsecure loan, the best interest rate I could get would be around 9 with them. I dont have any major assets or anything for a secure loan and I do not want to use my parents as cosigners much younger brother reaching college ageAre there any strategies to deal with this? Is this normal? I am very new to all of this so Im sorry if I am asking questions with obvious answers.  <response>: Is there any reason you cant reduce the payment by extending the term but paying the current minimum every month that you can? IF your payment drops to 600, say, instead of 1000 but your term doubles, then just keep paying the 1000 until you run into financial issues. Then you can pay 600 and not worry about crippling yourself. 