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Consolidating Private Student Loans

Kathryn Said:

Does anyone have any suggestions for a good company to consolidate private student loans?

We Answered:

You might try Sallie Mae. They will be just as good as any... but really consider if it is in your best interest to consolidate. Usually by doing so you end up spending a whole lot more money because it takes your terms out to like 25 years or more and the interest rate isn't that much better (if any). All for a few bucks less a month.

Craig Said:

What is the best option for consolidating private student loans?

We Answered:

Yeah, Sallie Mae. They let you consolidate fed *and* private, and they've been around forever.

Watch out for the fly-by-night and web-only consolidators.

Salvador Said:

Which are good lenders for consolidating private student loans ?

We Answered:

colleges.mywebcommunity.org - it provides some tips about applying to US federal and state grants for college students.

Shawn Said:

What's a good lender for consolidating private student loans?

We Answered:

When you run out of other options to get funding for your education, it may be time to get a private loan. These loans also called alternative loans, come with a number of features and are somewhat flexible. Here is what you need to know about how to choose a private loan for your education needs. Just like for any other loan, this one will be based on your credit rating. If you do not have one yet, you may need a parent, or someone else to cosign the loan for you.

http://www.worldbestloans.com/student-loans.htm

Just how much you can borrow is in accordance with your credit rating. A private loan gives you the option to borrow just what you need. Assuming you have some funding from a lower interest source, you will only want to borrow what the other lending agencies did not give you for your educational needs.

Roger Said:

What companies are still consolidating private student loans?

We Answered:

Hello how are you? Many students have found useful information at how-to-get-a-student-loan.com You will find plenty of free information and services with them. Also they will tell you how to keep your monthly payments low, consolidate and get student loan foregiveness.

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