Have 109K in private student loan debt.consolidation?

fuzzy_peach_15 asked:


Spare me the comments on how I should have got scholarships- tried that since my FAFSA says my EFC is 28000 I DO NOT get any fin aid, consequently when I apply for scholarships (which I did 166 freshman year, 82 my sophmore year, 63 junior, and 97 this year-senior) I have not gotten approved for any scholarships or grants.
I need someone that has consolidated a PRIVATE student loan (mine through aes) and what they did. Any information is helpful because Ive seen alot on here but dont really know if theyre legit… thanks!

Posted by cyberandy on Friday, April 2nd, 2010 at 4:09 pm.

3 Responses to “Have 109K in private student loan debt.consolidation?”

Private educational loans cannot be consolidated with your federal student loans.

There are a few companies that will consolidate your private alternative loans. Education Finance Partners is one of a very few companies that will consolidate these loans and will do so with a fixed rate. Check with them at. There are others, but I’m not sure about how much it will help you to consolidate the loans if you can’t get a fixed rate and an interest rate reduction for autodebit. Do a lot of investigating before you decide to consolidate those loans with anyone and look for these features. Good luck.

Left by Jdub on April 3rd, 2010

If you plan to pay back the money , you can ask for a loan at Prosper. More information at . You can also try your luck at online charities, people may send donations. More information at

Left by sarani on April 5th, 2010

Sallie Mae has a private consolidation loan that offers extended payment plans to bring down your monthly payment.

Left by payingcollege on April 8th, 2010

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