Down in Ga

Date: Sat, 09/09/2006 - 07:28

Submitted by anonymous
on Sat, 09/09/2006 - 07:28

Posts: 202330 Credits: [Donate]

Total Replies: 2

Down in Ga

Hi. Even though I have a decent career, I'm still unable to keep up with my student loans. Most refuse to help those with loans under $10000. I don't know about anyone else, but to me, $10000 is still a lot of money and I have a legit worry. I'm just looking for some organization that can help me and not turn me away because they don't think I have anough debt.

Are these multiple student loans, you can consolidate those into

Are these multiple student loans, you can consolidate those into one, even if you are in default. But if you have gone through the rehabilitation program and defaulted on that then I don't think you can consolidate them.

lrhall41

Submitted by WHEREAMI? on Sat, 09/09/2006 - 08:10

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Student loan consolidaton

College Consolidation Loans offer individuals with student loans the ability to consolidate multiple Stafford and PLUS loans into one loan agreement.

The fixed interest rate on the consolidated loan is based on an average of the loans that are being consolidated, but the term of repayment is set at thirty years, typically lowering the monthly payment. Since the borrower has the right to prepay student loans, the consolidation loan offers greater flexibility to the student.

Student loan consolidation can lower your monthly payments by up to 58% by extending the repayment term of your loan, and locking in a low, fixed interest rate. However, extending your repayment term can also increase the total amount you will pay over the life of your loan

lrhall41

Submitted by PDLFREE on Sun, 10/22/2006 - 12:41

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