Archive for February, 2010

writersblock asked: I filled out an online federal student loan consolidation application, and decided against going that route. I filled out the application and promissory note on Friday. Will the DOE allow me to withdraw the application on Monday?
The site:
https://loanconsolidation.ed.gov/appentry/appindex.html

Re-payment of student loans. consolidation? Help?

Posted by cyberandy on February 25th, 2010

Chesa J asked: I have to start paying back my student loans soon. I realized that the payments are going to be OUTRAGEOUS. I was wondering if anyone knew of any good consolidation companies? Or any ideas for lowering a monthly payment?

what corp. has the best student federal loan consolidation plan?

Posted by cyberandy on February 23rd, 2010

chrissy asked: i am looking to consolidate my student loans, none are private and unfortunately i am yrs behind in this and my balance has increased a lot. any suggestions ???

markymark asked: Got private bank loans and a couple student loans. I don’t want someone to scam me for consolidation. What company should I use and what’s a good rate?

curlyval asked: Also i was wondering if there is a bank or lending institution that would consolidate both federal and private loans into one loan?

Consolidation Student Loans when deffering for school?

Posted by cyberandy on February 20th, 2010

Diana asked: I am about to go to graduate school in the fall so I will be deferring my student loans. Right now I have a Stafford and Perkins loan. Should I consolidate these before deferring?
Also, when deferring are my interest rates locked or do they increase?
Anyone have a real answer or experience?

nockmdead asked: I consolidated my loans with Nextstudent on 03/21/06 before I graduated on 05/01/06. I’m supposed to get a .6% reduction on my interest rate for consolidating before the end of my grace period. Well, apparently, my loan consolidation just went through and my payments are $21 higher than I was [...]

Can you help me with my student loan payments?

Posted by cyberandy on February 18th, 2010

asicsrocks2120 asked: I seem to have 3 payments coming up
Jan 22
Feb 14
April 04
Now I dnt mind paying them back , But the interest rates are way High . I dn’t know what was going on , because i don’t know how to put this , but I was going thru a rough time during college. [...]

Judy M asked: I have $16,000 in student loans. I graduated in May ‘07 (6 months grace period ends Nov ‘07), and I need to know whom to trust in loan consolidation for an interest rate reduction. I have received several offers through the mail, each promising interest rate reductions (each lender uses letterheads [...]

Sarah asked: I’m looking for a consolidation loan. There are so many companies out there. I heard that some of the companies with great promotional interest rate discounts (e.g. for on-time payments, enroling in auto debit etc.) turn around and sell your loan to another company. When this happens, do the terms [...]