Posts tagged "Private Loans"

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 both student loans and private student loans?

Kenny N. from Arkansas asked: I used a mixture of Federal and Private Student Loans during college. My grace period ends in about a month. Is there a better way of paying my student loans off rather than paying each separately? There are I believe 3 stafford federal loans and 2 private student loans. Is there some form of consolidation I can do? It’s a real pain to be making 5 student loan payments every month. I’d rather just make one large payment.

What are the best companies to get private student loans from?

Brenda R. From Alaska asked: I am in the process of looking for a private student loan to cover my tuition and living expenses during college. I was told that an Astrive Student Loan is a good company to use. Are there any other good companies where a person with bad credit can get a loan? I really need some private student loan advice on this matter.

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?