Posts tagged "Interest Rate"

How Many Times Can I Consolidate My Student Loans?

Brenda from Indiana asks: How many times can I possibly consolidate private student loans? Currently I have somewhere around $40,000 in student loans consolidated with Sallie Mae at about 10% interest rate. I would like to get a better interest rate and save some money on my monthly payment. Is this possible?

What Is The Best Way To Pay Off My Student Loans Early and Save Money?

Megan B from Nebraska asked: Can you tell me of a quick you to pay student loans? I owe about 20k and my interest rate on the student loan is 6.5%. My monthly payment is around $200. Any suggestions please?

Can I consolidate my student loans if they’ve been taken over by a creditor?

Robert J asks: I have two student loans for about 3000 dollars each. I have been unemployed for several years taking care of my kid and haven’t make any payments on the loans. Now a creditor has taken my student loans over. I now owe 9,000 thanks to fees, penalties and interest. Is there any student loan companies that will take them over and I can make payments to them at a low interest rate? Now that I’m working, I’d like to start making payments on my student loans.

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

Question: I have over 100k in private student loans from several private lenders. The interest rate is out of this world due to my bad credit. Is there a way to get another loan to pay this off at a lower interest rate? What kind of student loan debt consolidation program should I be looking for? Most student loan companies only deal with Federal loans it seems. I keep seeing ads for mortgage loans with low monthly payments. Is there something like this for people like me with private student loans?