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Student Loan Consolidation


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Archive for the ‘Personal Finance’ Category

Aug
22

How long is it going to take for me to pay back all my college loans?

Personal Finance

ThinkClearWater asked:
I took out a lot of loans . I graduated last december 2006. But i don’t want to live in a career as an electrical engineer. I want to go to another country . But this loan is like a liability now . What can I do ?
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Aug
17

Terrible Student Loan Consolidation Rates?

Personal Finance

tc asked: Calling All Finance Majors…….
I have 6 student loans (federal) for about $60K total balance. One of my loans has an interest rate of 2.8% FIXED. Everything else is a variable rate, presently at ~6.8%. If I consolidate all loans, I’ll end up with about a 5.875% fixed [...]




Aug
16

How do Loans work? Why do I have to apply for a Federal Stafford Loan Note first? How important are deadlines?

Personal Finance

Nrassm asked: I’m applying for a Loan. A federal Stafford Loan. Im concerned that I might not get it because the deadline passed since I had to reapply for a Pin number needed to apply which took 7 days to arrive at my house, 2 days past the deadline. Am I screwed? Why is it [...]




Aug
11

my husband has bad credit. we plan to get a condo. i wil apply for the loan. will he affect my application?

Personal Finance

fac asked: my husband and i are planning to purchase a condo. however he has bad credit. i have good credit and we plan to make the loan in my name. is this possible? will his negative file affect my loan application? also, his bad credit is with a bank that keeps its delinquent payers [...]




Jul
27

How long did it take you to pay off your college loans?

Personal Finance

Jess ╗╙ asked: Where did you go to college?
Were you and out-of-state student?
Just answer the flippin question!

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Jul
25

Poor Credit Private Student Loan Consolidation?

Personal Finance

winbest9@sbcglobal.net asked: My credit is not so good but I just graduated with my MBA and would like to consolidate my private student loans. Can anyone recommed some lenders or private investors that can assist me? If I have to pay a percentage higher to get them consolidated, I will.

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Jul
24

Are there any programs out there to pay off Stafford student loans?

Personal Finance

karinlovespooh asked: I am a special ed teacher working in a school in poverty, but the programs I found only pay off Perkins loans. I simply don’t make enough to pay off my loans and pay for any other living expenses! I obtained my first loan in the fall of 1997, graduated undergrad in May [...]




Jul
23

What are some good Student Loan Consolidation Companies?

Personal Finance

Dirk L asked: These crooks known as Sallie Mae have screwed me. Two years ago I started receiving my student loans, and the interest rate at the time was only 2%. I even have a sheet of paper stating that.
My total in loans was $42,000.
I get my statement in the mail last week and suddenly [...]




Jul
23

CAn you use a credit card to pay off monthly student loans?

Personal Finance

lawechang asked: I dont mean direct transfer to use the CC to pay off the loan. Im asking about when you have to pay each month, can you pay it on your credit card instead of cheque/direct withdrawal.

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Jul
22

How good of credit do you have to have to receive approval on a federal direct plus loan?

Personal Finance

qdl3288 asked: If my parents wanted to take out a federal direct plus loan, what are the chances of approval if there credit is not good but not horrible either with a credit score between 630-640 and prior bankruptcies.

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