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Student Loan Consolidation


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Nov
4

Transfering Private Loans to a different lender?

Credit

chaka asked:
I have a private loan with Sallie Mae and their interest rate is very high, and they are driving me nuts.
Is it possible to consolidate this loan w/my other government student loans or transfer it to a different lender with a lower interest rate? Thanks.
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Oct
24

Private student loan advice?

Financial Aid

drapper25 asked:
Do you know of any good student loan companies/programs in NC?
I’m about to take out a private student loan through Chase/JP Morgan. 13,000 dollars total at 8.49% orgination fee(Ouch). 11.54% APR(Ouch Ouch). I’ve opted to pay interest only while in school. I’ve done the FAFSA thing and am getting grants [...]




Oct
24

What is the best student loan and how to get it?

Personal Finance

delicious asked:
What’s a perkin’s loan? What’s a direct loan? Private loan? I don’t understand the whole process! What loan would have the lowest interest rate and is best overall? I will be attending University of California Santa Cruz. I don’t know where to begin with the whole loan process. I currently have no credit [...]




Oct
18

Is it true that taking out a private student loan decreases the amount of federal loans you can take?

Financial Aid

mb20and151 asked:
I am starting a very intense degree program where they reccommend we don’t work for the last 12-15 months of our schooling. For this reason, I am planning on utilizing federal loans and private lender loans.
This morning, I spoke with the financial aid office at my school. They told me not [...]




Oct
17

How do college loans work?

Financial Aid

memphis_class_hishoe asked:
I am currently looking for a college loan and have applied for an Education One Loan through Chase. The terms are full deferral with 4.5 Deferment Period Margin. 4.5 Repayment Period Margin and a 7.50 Loan Origination Fee Percentage.
Interest is Accrual beginning on Disbursment date on each day divided by number of days [...]




Oct
5

What are the best private student loan companies?

Financial Aid

Dental Hygiene Student asked:
My husband and I have been accepted into medical programs that start in less than 3 months. We have to quit our jobs and move away, so what are the best private student loan companies? We both have great credit and are planning on using mostly private loans, because we do [...]




Oct
4

What are the better private student loans offered?

Financial Aid

LovelyMe_0927 asked:
I am a 2nd year college student looking for a private loan but I have no idea where to start looking.
Thanks for the responses…
If any one has taken out a private student loan, I would like to here from you.
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Sep
29

Why use up government student loans before private?

Financial Aid

Lahdeedah asked:
Why does everyone say to use up all government-funded student loans before getting private ones?
I can get a much better interest rate with NO origination fees with Wachovia, a private loan; while the government loan offered to me has 4% origination fees, higher interest rate, and is unsubsidized.
The only thing better about the [...]




Sep
21

What company is the best lender for private educational loans?

Financial Aid

KND asked:
I may have to take out a private loan to cover additional expenses. I will have enough for tuition, but not necessarily room and board. Any suggestions for a decent, well known lender of educational loans?
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Sep
15

Can I consolidate a PLUS loan, my direct student loans and a private loan?

Financial Aid

Dr S asked:
I have way too many loans. Thankfully I finished college and got a good job. I heard that since the PLUS loan is in my parent’s name and the rest are in my name, I cannot consolidate. Can anyone help me out here? thank you.
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