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Sep
2
admin

What kind of loan can I get to consolidate private student loans?

Question by bbrrpf: What kind of loan can I get to consolidate private student loans? I have 0,000 in private student loans from two lenders. The interest rate is over 10%. Is there a way to get another loan to pay this off at a lower interest rate? What kind of debt consolidation program should I consult? Most student loan companies only deal with Federal loans it seems. I keep seeing ads for...
Aug
12
admin

What student loan company has the lowest interest rate?

Question by Shon: What student loan company has the lowest interest rate? I currently have a nelly mae loan(sallie mae) and they are way too high. Whats a good loan company for me to look at for next school year? PLEASE ONLY ANSWER IF YOU ACTUALLY HAVE TAKEN OUT A LOAN WITH THE PLACES YOU RECOMMEND. Best answer: Answer by Found-1Federal loans are regulated by the government so all the rates are the same no...
Jul
28
admin

Q&A: Does a student loan and a bank loan affect your credit the same way?

Question by videogamer1979: Does a student loan and a bank loan affect your credit the same way? I have one credit card ( revolving credit ) and I have one student loan ( fixed monthly payments ). I want to keep one revolving account and one fixed account. Would a bank loan that pays off the student loan look better as a fixed loan? I guess my question is: Do they both count as fixed loans or is the...
Jul
25
admin

What is a good loan consolidation program for Federal and Private student loans?

Question by Gregory: What is a good loan consolidation program for Federal and Private student loans? 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 it. If you are a loan company,...
Jul
19
admin

If I consolidate my student loan with a personal loan can I still write off the interest?

Question by MLE: If I consolidate my student loan with a personal loan can I still write off the interest? I had a federal student loan which I consolidated about 8 years ago to someone who eventually sold that loan to Citibank. I pay about 8.35% in interest. I am considering paying off that student loan with a personal loan where I can get a better interest rate. If I do this will I still be able to write...
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