loan consolidation

by **ccovey2** » Sun Oct 21, 2007 10:40 pm

When should you consolidate your loans? Also where is the best place to consolidate your loans?

by **ccovey2** » Sun Oct 28, 2007 9:21 pm

thanks i looked at it and it was very informative. thank you

by **stephanf** » Wed Dec 05, 2007 4:04 am

I have found your site very useful. and I am using it to increase my knowledge.

by **stephanf** » Thu Dec 06, 2007 4:21 am

ashoksharda2 wrote:It will be wise for you taking Personal Debt Consolidation Loan if you are facing multiple loans burden and paying a huge amount for interests. Your existing debts will be easily transformed into one single loan with the help of debt consolidation loan. This way you will be able to save...

You can know more at : Personal Debt Consolidation Loan

Thanks I like that because of useful resource

by **Ms. Stafford** » Fri Mar 07, 2008 11:49 am

IF you need to consolidate your federal school loans NOW...then you will need to call the US Dept of Education at 11800-557-7392 OR you can apply at http://www.dlssonline.com....if you are thinking about consolidating your loans but you can afford to wait...I would wait a few months...to see if more players re-enter the consolidation market...because that might give you more of a choice on who you will be repaying.

by **rachael24** » Fri Mar 14, 2008 2:25 pm

Yeah I was fortunate enough to wait also...I agree with what Ms. Stafford posted. It was a big help.

by **SlashingKnight** » Mon Mar 17, 2008 9:30 am

Ms. Stafford is the bomb. She is wise like a potato chip!!!

by **OTOtrish** » Tue Apr 01, 2008 12:19 pm

You should always consolidate your loans as soon as possible to decrease your interest rates. When you consolidate all your loans together you don't have to pay multiple extra fees.

And here are some great sites that will offer you different loan consolidation programs:
http://www.studentloannetwork.com/consolidation/
http://www.studentloanconsolidator.com
http://www.GradLoans.com/consolidation

Good luck!

by **Ms. Stafford** » Tue Apr 01, 2008 3:05 pm

OTOtrish wrote:You should always consolidate your loans as soon as possible to decrease your interest rates. When you consolidate all your loans together you don't have to pay multiple extra fees.

And here are some great sites that will offer you different loan consolidation programs:
http://www.studentloannetwork.com/consolidation/
http://www.studentloanconsolidator.com
http://www.GradLoans.com/consolidation

Good luck!

Consolidating your Federal student loans DOES NOT lower your interest rate...it simply locks it in at the current interest that you have. IF you have multiple rates, then it is just the weighted average of all of them. Also, if you have stafford loans that are still at a variable rate, consolidating them now does not make sense, since the rates could be decreasing come July 1. It is a common misconception that consolidating your loans decreases your rate...this is NOT true for federal loans....it can be true for private loans...but that is decided upon your credit worthiness.

by **SlashingKnight** » Tue Apr 01, 2008 3:15 pm

Did someone say you should ALWAYS consolidate your loans as soon as possible to decrease your interest rates? OH MY. That is one misguided soul.

I agree sooner is better.......when running a race! :roll:

Slash Slash

by **schoolloans** » Thu May 14, 2009 1:16 am

Thanks for the links and info on loan consolidation, I'm new to this forum and i'm looking for lot of details on student loan consolidation.
Thanks

by **kobe27** » Wed Feb 06, 2013 3:16 am

It would be good if you are managing your finances simultaneously to pay off your student loan. You don’t have to look around for any other loan or going for consolidation, as you would quite able to manage your funds making payments. Well quite good to deal with payday loans as there services are vital this goes with hospitality.

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