who did you use to consolodate college funds

[autate2003]

Just like the title says for those who have student loans who did you use or recommend for consolodation of multiple loans, its about that time for me to repay:( thanks

[jcmkam1990]

Did not use loans. Worked my *** off and paid as I went.

[Dr.Drew]

Most major banks will consolidate for a reasonable rise in interest. A buddy of mine has had great success with Wachovia. I think he's going to be paying for two more years overall but his monthly payments are >200 and the interest increase was only ~800

[matredd]

Did not use loans. Worked my *** off and paid as I went.
+1 80hrs a week.

[Dynra Rockets]

Did not use loans. Worked my *** off and paid as I went.

+2. Two jobs.

[RotorNutFD3S]

It's great that you guys made it through school and didn't have any loans and it is the best way to go, but that's not what was asked and not everyone's situation is the same as yours.

That being said, I used my own bank to consolidate my flight school loans and it's related costs and I think the interest rate increased by only 1%. However, this was back in 2003 and things are different now. I'd still check with your bank first. Or, join a credit union if you can, their rates are usually hard to beat.

[JennB]

I used Sallie Mae. I worked my *** off too but I also lived on my own and paid for school, the money just wasn't there for all of it. I got pretty decent payments when i consolidated and have always paid over so they will be gone in just a couple of years.

[autate2003]

dang posted this a month ago with no response, ++++on working your *** off to put yourself through school and I did just that. I lost my pops when I was 19 and I didn't really have a good relationship with him so I RECIEVED NO finacial help from anyone other than student loans> I worked 2 jobs throughout my 1st degree and near graduation when I was heading to grad school I had no choice but to fund my education via Federal Student loans.

The problem is I don't owe any third party or unsecured loans I owe all my money to the government. All the companies that consolodate loans are banking on a third party that is charging a high intrest rate so they can bundle all of them and offer you something better. I have been searching for like over a month and no one will touch the stafford loans because the intrest rate is locked and if someone was to bundle them for me then they couldn't really make any money(intrest rate is locked) and obviously I'm not consoldating for a worse intrest rate. Like I said before all of my loans were from the government and I used no third party loan agencys. So now in a few months I will get like 6 differant loan bills from companies that have purchased my loans from the government and no one company will put them all together.
Sallie Mae said we don't do that anymore talked to a rep on monday, nel net said nope, plus a list of others.

Thanks for the input......

[mustangtomiata]

this may be a little too personal and by all means do not feel obligated to answer but if you don't mind me askin how much do you owe?

[FlipKing]

I do loans through the school. I'm at 5k right now, another 1k next year, and idk how much my senior year. I should get out for less than 10k though. I'll deal with that.

[Stealth97]

Student loan interest is Tax deductable way to cheap to just pay cash... Keep it in the bank! I too used Sallie Mae, intrest rate actually went down a bit.

[lazybones]

I started off using EdAmerica..and then each loan ending up getting sold to other companies :rolleyes: so now my loans are kinda scattered. It's so confusing and difficult to keep track of.

[autate2003]

around 25k not too personal...........It is what it is....Finally after hours of phone calls yesterday I found a place, its actually owned by the government! It loanconsolidation.ed.gov they offer to consolodate all government issued loans at a weighted intrest rate and they also have the Income based repayment program as well. I filled out the application and the lady said that I should know something within a week. She said that because they were government issued that I had nothing to worry about!

[lance]

around 25k not too personal...........It is what it is....Finally after hours of phone calls yesterday I found a place, its actually owned by the government! It loanconsolidation.ed.gov they offer to consolodate all government issued loans at a weighted intrest rate and they also have the Income based repayment program as well. I filled out the application and the lady said that I should know something within a week. She said that because they were government issued that I had nothing to worry about!

That's not too bad. I had 10k in loans when I graduated in 1973. After inflation that would equate to about 48k today.