Francis G asked: my loans are exorbitant and i’m paying $350/month but it’s barely enough to cover my interest. i’m drowning. trying to find viable solutions. are loan consolidation companies legit?
Mortel_LS asked: I have roughly $68,000 in private loans at a variable rate (currently 6.15%) and an extra $15,000 in federal loans at a rate of 4.15%. Right now my monthly payment is about $800. I’m able to pay it, but obviously it’s very high and would like to decrease it if possible. [...]
Sam D asked: After college I decided I wanted to have all my loans in my name only (ie. not tied to my parents anymore) so I took out two consolidation loans from Sallie Mae, one for my federal loans and one for my private.
Unfortunately, I did this at the exact wrong time and my [...]
Who cares anyways? asked: Thank you for your time.
Kat asked: 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 [...]
Jonaskizal asked: I’m applying without a co-signer and wish to lower my monthly payments (I’m paying about 5 banks right now, every 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, [...]
Gregory asked: I am looking for a good student loan consolidation program that will take on both my Federal and Private student loans from Sallie Mae. If you know of any good ones that you have heard of or used in the past, please leave a description or website so I can look into [...]
Robert Wolf asked: I have filed everything the company (Direct Loans) has asked for including a police report,
notarized signatures of my signature, copy of my drivers license and SS card. The forged signature is so sloppy that a first grader could tell its not mine. I have also went to the Federal Omnibudsman and the [...]
camdenlilly asked: any suggestions which company to use? i have thousands in student loans and credit cards and i was wondering if anyone has used any loan consolidation programs, which is the best, which is the worst?
thanks!
Sirena asked: Hi,
I’d like to know if anyone knows about federal consolidation for student loans. Could someone please tell me exactly what a consolidation loan consists of, and how you know if you’re eligible? How recent of a college grad do you have to be?
If you can help me, thank you!!
