Student Loan
WHAT HAPPENS AFTER YOU CONSOLIDATE A FEDERAL STUDENT LOAN?
Mar 9th
When you include a Federal student loan into debt consolidation?
What is the benefit of doing so?
WHO DO YOU RECOMMEND FOR LOAN CONSOLIDATION?
Mar 8th
My husband and I would like to consolidate our student loans. I was wondering if anyone advocates any reputable consolidation companies that offer a low fixed interest rate?
DOES ANYONE KNOW OF A STUDENT LOAN COMPANY THAT DOES SPOUSAL CONSOLIDATION?
Mar 3rd
We know the downside of – if one of us dies the other is responsible for the loan – but we both have such high interest rates and would love to consolidate before they go up again. We are trying to simplify our finances and reap the benefits of smaller payments…
WHICH STUDENT LOAN CONSOLIDATION PLAN WOULD BE BETTER?
Mar 1st
I’m applying without a co-signer and wish to lower my monthly payments (I’m paying about 5 banks right now, each month.)
FIXED Interest rate 13.45%
14.10% APR
5.00% Loan Fee
$398.73 Monthly Payment
OR
VARIABLE Interest Rate 11.06%
3.06% Index–3 Months LIBOR
8.00% Margin
11.64% APR
5.00% Loan Fee
$330.49 Monthly Payment
I realize these rates are a bit ridiculous, but I am backed into a corner. I do not really want to ask anyone to cosign for me, and I dont want to keep paying $600/month over various banks.
What would you do? Or should I try another bank?
Thanks.
STUDENT LOAN CONSOLIDATION….AGAIN?
Feb 28th
A few years ago I consolidated Student Loans because the rules were about to change. I am soon to graduate and am confused as to whether I can consolidate again
WHY DOES SALLIE MAE REQUIRE A COSIGNER FOR PRIVATE STUDENT LOAN CONSOLIDATION EVEN WITH GOOD CREDIT?
Feb 26th
It totally makes no sense. Even with better credit you are still paying through the roof!
“If you have a better credit history and a cosigner on your Private Consolidation Loan (or a cosigner with a better credit history), your interest rate could be as low as Prime – 0.50% (6.75% APR) with no origination or disbursement fees.
If you have fair credit history and no cosigner, your Private Consolidation Loan interest rate could be Prime + 6.5% (13.75% APR).”
I worked so hard to build up a good FICO score and need a good consolidation rate. My parents have awful FICO scores. What should I do?
***PRIVATE STUDENT LOAN CONSOLIDATION***?
Feb 25th
I have 42,000 in private student loans that I am trying to consolidate. I was rejected by Bank of America, Wells Fargo, Citi Bank etc. I do not know where to whom to turn. Does anyone have any suggestions?
STUDENT LOAN CONSOLIDATION.?
Feb 23rd
I would like to know if you can get non related loans consolidated into your student loan? For example personal and credit cards.
I would like to reconsolidate my student loan and get locked in at a good rate.
All answers are appreciated.
Eddie.