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Is There Any Way To Consolidate Federal Student Loans With A Private Student Loan Before The July 1 Deadline?

Question by melby | Posted in Personal Finance

I have 3 swotter loans through the federal gov't (perkins, federal direct and a "GATE" - AES loan). I also have a slight feel embarrassed private student loan through citibank. I want to consolidate all 4 by the July 1 deadline but no one will

Answer: As far as I recollect consolidation is only on govt loans you cant consolidate a private loan.

 
 

Is There Any Reason To Not Consolidate A Federal Perkins Loan?

Question by Zach | Posted in Financial Aid

If anyone has ever dealt with coterie loans, maybe they can help me. I have two loans, a Federal Perkins loan and one other unalloyed loan under AES. I am considering consolidating those two into one loan. Does anyone know if there's any good apology

Answer: DON'T CONSOLIDATE THE PERKINS LOAN!!! Why? B/C perkins has lowerest interest dress down compared to stafford. Perkins, is 5% so when you consolidate it, you will basically throwing away 5% to get what 6.8% or more. If you after to consolidate anything,

 
 

Do I Want To Consolidate My Federal Perkins Loan With My Federal Direct Stafford Loans?

Question by Amsterdam | Posted in Personal Finance

For those of you who are consolidating, you distinguish that the Federal Stafford Loan interested rate as of July 1, 2006 will be 6.80% and the stylish interest rate for this loan type is 4.7% variable. I am wondering if I should consolidate my Federal

Answer: Hey here's a whole blog filled with tons of serviceable information regarding federal loan consolidation and student loans. All kinds of info there, prospect it helps:) http://federal-loan-consolidate.blogspot .com/

 
 

What Happens After You Consolidate A Federal Student Loan?

Question by Samantha T | Posted in Financial Aid

When you cover a Federal student loan into debt consolidation?
What is the benefit of doing this?

Answer: After you consolidation your loan then you should start to storm payments soon.

You can read more about loan consolidation here:
http://www.studentfinancedomain.com/stud ent_loans/college_schoolgirl_loan_consolida tion.aspx

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I Want To Consolidate Loans. Is A Career Training Loan Through Sallie Mae A Private Or Federal Loan?

Question by Mel | Posted in Financial Aid


Answer: It will most meet be a private loan with tax deductable interest. That's what I had to get on my I.T. training loans anyways.

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Federal Loan Debt Consolidation : Student Loan Debt Consolidation

Follower loan debt consolidation - Consolidate your student loans or college loans to cut your monthly payment. Student loan debt consolidation ...

Options for Those Seeking a Student Loan Consolidation | Business ...

by admin

For students who have borrowed heavily, the Honest Federal Loan Consolidation program may be a reputable choice. It includes a exceptional takings-contingent chance that brings all obligations together into a cull new consolidated loan with a monthly payment construction based on the borrower’s revenues even. The put down your profits play fair with, the lessen your payment. As your takings rises, your loan payment amount will start benefit. The repayment full stop lasts until the loan is repaid, up to 25 years. After 25 years, the left over amount of the loan is repaid by the federal direction, with the borrower the cause to undergo of a tax exposure for the amount repaid.

Perkins loans by themselves cannot be included in a Candid Consolidation Loan – there must be non-Perkins loans as well. Perkins loans that are consolidated will be unsubsidized. It may not be favourable to add Perkins loans to a Mail Consolidation Loan, however, because you will succumb the dear benefits that are unavailable to Perkins loans.

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