Private student loan consolidation

Talk about various private student loans and how they can assist you.

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Private student loan consolidation

Postby gary » Wed Oct 21, 2009 1:31 pm

Hello,

I have graduated from nursing school and have been working as a nurse for the past two years. After college, I was able to consolidate my Federal loans to a fixed interest rate through the U.S. Dept. of Education., but was unable to consolidate my private student loans ( 3 loans totaling approx $100,000) due to the credit crunch (Sallae Mae decided to stop making these loans).

Is there any institution able to make these private student consolidation loans at a fixed interest rate, at this time? My credit score is 803 and my income is more than adequate. I know Chase is making them, but only with a variable rate.

Any projections as to when other institutions and Sallie Mae might get back into this market?

Caught in the crunch
Gary
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Re: Private student loan consolidation

Postby kristinem17 » Wed Oct 21, 2009 2:05 pm

The only place I know of that is doing private student loan consolidation is Wells Fargo. They can be reached at 800.658.2567
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