loan consolidation
Date: Fri, 01/23/2009 - 09:25
loan consolidation
i ahve about 60,000$ in student loan and an additional 3,000 in credit card loan .I am a full time international student with small part time job .can i consolidate my loan and debts in to a small monthly payment
im sure you can, but im not sure if you want to. See your stude
im sure you can, but im not sure if you want to. See your student loans are low interest loans, and i know 3,000 in cc debt seems like alot but it really is not. So if you were to take out a loan you are going to be paying higher % rate than what you are now and in the end paid alot more. and consider that if you add your 3,000 cc debt with that loan say you take it out for 10-20 years, you are going to be paying that 3,000 debt for the next 10-20 years instead of maybe 2 years plus the higher student loan interest rate. Im sure you can do it, but I would think its not a good idea but its up to you and what you have to do to get by
