Posts Tagged ‘Student Loans’

Apr 28

Loan consolidation question?

Posted by admin in Financial Aid


I have student loans but not federal ones that I’m paying back. I was wondering were I can go to consolidate them. Is Sallie Mae the best choice?


I only have finished about 2 semesters of college and I want to go back and finish. But I have a debt consolidation loan that I have about 3 years left to pay on. The monthly payment on it is about $450. The thing is I can’t afford to go to school while I am paying on that. Is there a way I could get a student loan massive enough to roll that debt consolidation loan into and big enough to cover school and some expences and not have to pay on it while I am going to school like most student loans. I want to get back into school and finish before I am too old and it’s too late.


I want to know if anyone else has been screwed by NextStudent. Originally, I was quoted to have a 5.0 fixed interest rate for consolodating my student loans. After some time went by and the loans got processed… they stated that “Xpress Loan Servicing” will be my lender and the interest rate that is shown on my bill is now 6.625%. Can anything be done about this? What can I do?


i keep seeing info for debt consolidation and all of these companies will NOT touch student loans!? what can i do? my credit is bad so i cant get a bank loan :(


Hi i’ve consolidated my student loans which is around $23,000.00 and today i got the statement from the consolidater giving me the whole amt i need to pay off in 20yr s with their payment schedule. With their payment schedule, i’ll be paying off arnd $43,000.00 with interest, principles with a payment of $180.00 every month for the next 20 yrs. When my dad happened to see the statement he said he will help me out w/ my student loans and if i go w/ the consolidation payment plan i’m paying the extra $20,000.00 which i dont even owe in student payments to them for no reason and that additional $20,000 i’m paying em is just money down the drain. He wants to me call them and tell them i’ve changed my mind and not decided to proceed w/ the repayment plans and looking for alternative ways to pay off my loans. The problem is i signed the promissory note and everything so now i’m not sure they’ll honor my change of plans. I’m in a massive dilemma here and not no what to do. Somebody pls help me out.


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