How do I consolidate student loans from different lenders?
I have three loans from three different lenders. Who would buy up all three of my loans and give me a decent interest rate? I have good credit.
Related Items
- Will student loans stop me from getting a home loan?
I am about to gain a $13000 debt in student loans. In about 6 months we are applying for a home loan. Will that student loan be applied to my debt to ... - What is the best bank to consolidate student loans with?
Hello. I am a recent law school grad with 120k of student loans (both private and federal) and I'd like to find out a way to consolidate my loans and ... - About graduate student loans, is it possible to deduct paid interest from taxes paid later when at work?
If both spouses have asked for loans , does it make any difference to make a deduction if one or both are working after they graduate ? ... - find out 3 food additives from labels of three different foods and explain the purpose of each additive?
please be fast its for a project ... - How much do you think your student loans payments will be monthly?
I know this lady who I work with is still paying off college loans after being out of school for 10 years. She says she only send out a payment of 15-... - What is the best way to manage multiple student loans?
I need to find someone to talk to about student loan consolidation, for both federal and private loans. What would be a good resource? I inquired at m... - can I consolidate pay day loans too?
Hello, ok, lately I think Ive hit rock bottom, I dont konw. But I do know that usually I am very responsible with my money until recently. I had borro... - How does the current financial crisis affect private student loans?
With everything that is going on right now in the economy, with the financial bailout being turned down, etc. How is all of that affecting the private... - can you get graduate student loans with home foreclosure on your credit report?
I know that you can get federal student subsidized and nonsubsidized loan, but these non-credit based loans only goes up to $20,000. The school I want... - Student loans: Is there another loan like the Federal Stafford Loan that doesnt require a credit check?
I would like to know if there are loans that are like the Federal Stafford Loan? (NO credit check) One that also works with private schools? ... - what would be the best place to consolidate pay day loans?
... - How does bankruptcy effect ones ability to get student loans?
I know you can't usually include student loans in a bankruptcy, but what if a person files for chapter 7 and then wants to go back to school? Will the... - Is interest paid on student loans tax deductible?
I have about $120K in student loans right now that I am paying off. I paid about $7500 in interest in 2006 on those loans. My loan provider sends me a... - Should I pay off student loans or start a retirement account?
I just graduated from college and will start to have to pay student loans within the next 5 months (about $13k) . I am also very interested in startin... - how can you get releif from pay day loans?
is there any consalidation place that helps with them? i have so many i now cant pay my bills help... ...
December 4th, 2010 at 7:47 pm
Go to Salliemae.com
December 4th, 2010 at 7:51 pm
It’s never a good idea to consolidate student loans because you are already getting the lowest loan rate available. Just pay off the smallest loan by adding payments to it and pay the minimum on the other loans… then pay off the next smallest loan until they are all done.
Even if you got the same rate by consolidating, you lose, let me explain: It will increase your loan payment. This is not good b/c you will be less likely to add extra payments this way… all extra payments go on the capital… not the interest. Also, there are often hidden charges for consolidating… so check that out first. If the payment is less, then you also have a problem because that means that they have extended how long you have to pay your loa, therefore charging you more interest… banks love that!!!! Do you want to keep your money or give it away????
If you had to consolidate, I’d choose ING as your bank of choice. Good Luck!