Consolidating student loans?

Feb 16

Mark SingleyStudent Loans Q&A 3 years, banks, loan officer, Student Loans Q&A, variable interest rate 2 Comments

Where do I go to consolidate my student loans? I graduated 3 years ago and I have a variable interest rate which has increased this year. I was hoping to consolidate but don’t know where to go. To the bank to speak with a loan officer? How can I be sure I’m getting a good deal? If I shop around other banks, do I need to have an account with them?

So confused. Help!

Should I consolidate my 2 student loans under these circumstances?

Jan 30

Mark SingleyStudent Loans Q&A 30k, fixed interest, loans, variable interest rate 2 Comments

On loan is a fixed interest rate at 6.8 (30k)and my other is a variable interest rate that just decreased to 3.61 (14k). What is the advantage to consolidating them if I am perfectly fine with the amount I pay on both per month? Is it a better long term plan to consolidate these two loans or would it be better to just leave them seperate and continue with my payments? Thanks to anyone that would know the answer.