what is the best way to consolidate student loans?

2 Comments

The time has come, these Alumni Loan people are saying my ,000 debt will be a 8 per month with out consolidation, and 0 with. What should I be looking for to get the best deal

Related posts:

  1. What kind of loan can I get to consolidate private student loans? I have 0,000 in private student loans from two lenders. The interest rate is over 10%. Is there a way to get another loan to pay this off at a lower interest rate? What kind of debt consolidation program should I consult? Most student loan companies only deal with Federal...
  2. What banks or other credible organizations will help consolidate federal student loans? I recently graduated from college with 1,000 in student debt. I have obtained a full-time job but am only making about ,000/month. As it stands right now my monthly payments will be greater than my income (excluding any type of rent or other living expenses). I desperately am in need...
  3. Consolidate my student loans – when is the best time? I have federal student loans. I graduate next week and one will come due next month since it is the loan from my A.A.S. Degree. My other loan will come due in six months. Should I wait and consolidate the loans right before the six month time frame or do...
  4. What is the best way to consolidate your student loans? Would i want to go through the company that i have my loans with or some independent company? Any suggestions Anyone have a suggestion for a company to get a debt consolidation loan from. ...
  5. As a renter does anyone know a way I can consolidate my student loans with other debt? I have a lot of debt in student loans, some credit card debt and an auto loan I need to consolidate in one long term loan. I don’t own a home I rent and I have not been able to find anything that will give a large long term loan...
  6. Is it possible to consolidate my student loans and my credit card loans ASAP? I have a lot of loans to pay back and I was just thinking about consolidating all the loans into one. I have 2 credit cards ( one in collection , one almost in collection – hsbc and chase ) Then I got a student loan ( 3 of them...
  7. Is it possible to consolidate student loans that come from different banks? And how would I do that? I have undergrad student loans from one bank that I consolidated, and then graduate student loans from another bank. I am graduating in August and at that point I would like to have them all consolidated so I am not paying 3 different people each month. ...
  8. Should I consolidate my student loans? I am starting law school this fall. I have about ,000 in undergraduate student loans and I know absolutely nothing about finances! My loans are spread among 4 different lenders and people are calling my house everyday telling me that I will get all kinds of benefits if I consolidate....
  9. If I consolidate my student loans can I differ them if I come under financial hardship like individual loans? I have 52k in student loans, my wife has another 30k. The first question is should we consolidate them all togeather and 2nd question is what if we have a finacial hardship or some other unforseen event and cant make the payments. Does the William D Ford Federal Direct consolidation...
  10. Consolidate Private Student Loans with Bad Credit? I have 2 private student loans totaling around 23k with interest around 16%. They are currently with Sallie Mae (ugh) and they don’t offer consolidation anymore. Are there any other places I can go for private student loan consolidation? I have a credit score of 570 (I know it sucks)....

2 Comments (+add yours?)

  1. Jack Summers
    Nov 14, 2009 @ 00:04:23

    M.K

    Actually you can consolidate your loan with the government now http://www.loanconsolidation.ed.gov (Borrowers Services) and it’s actually not as bad as you think.

    Before you consolidate your loan check out the Borrowers Services and see if you can get a better rate. You can consolidate any amount even your $50,000 debt and its free to consolidate your loan!

    I know Salliemae is one of the best student loan consolidators but sometimes their rates can be a little high depending on your situation.

    Doesn’t hurt to check them both out. Hope you get it worked out soon!

  2. dana803
    Nov 14, 2009 @ 00:04:23

    Check with Sallie Mae. Anything where you pay less than you are is great especially if your saving a few percentage points on the interest.

Leave a Reply