Myco asked:
Recently my student loan was out of default and then transferred to another bank where it shows a double increase to my monthly payments. How should I go to consolidate them to a lower payment (Lower than 800 per month!! for 50 grand). Should I go Private or Federal Loan Consolidation? Any trusted places to contact and consolidate them? Much appreciated.
Recently my student loan was out of default and then transferred to another bank where it shows a double increase to my monthly payments. How should I go to consolidate them to a lower payment (Lower than 800 per month!! for 50 grand). Should I go Private or Federal Loan Consolidation? Any trusted places to contact and consolidate them? Much appreciated.
I very recently found myself in your same position. I was able to consolidate my defaulted student loans through Direct Loans. I believe they are one of the only companies willing to consolidate without first rehabbing the loan. Check them out. They were really easy to work with although the application process took a long time about 6 weeks from app to actual consolidation.
Left by Linn G on November 28th, 2009