Recommendations for student loan consolidation?
I have some private (none Federal student loans) that I am looking to consolidate. My original lender was Sallie Mae, but their consolidation program is on hold citing the economy as the reason. The only lender I can find still giving consolidation loans is Wells Fargo, but they require a co-signer, which I do not have. Has anyone else recently consolidated some private (non-federal) loans? I have a excellent credit score, I just can’t find a lender that has not place their program on pause. thanks I am looking for reputable lenders, its so hard to tell what reviews out there are fake and which are real. Pope, whoever you are do not bother replying with that link you keep posting. Nothing about that website looks reputable. Please stop trying to take advantage of people. Reading through a lot of similar questions I see that there are lots of scam artists out there trying to push their sketchy sites on people. Please don’t be an asshole and only respond if you are an impartial party.Without a cosigner, you can’t get a loan consolidated. Wells Fargo is/was the only option for you.
Why are my federal student loans more expensive than my private loans?
I borrowed the money when I was young and didn’t pay attention to what I was doing, but after being in repayment for a few years I’m baffled as to why anyone would have bothered taking federal student loans when all of my private loans are much cheaper. I reckon I’ve heard that private loans are basically non-existent these days, but I have loans from 4 sources. One is a fed consolidation and the interest rate is fixed at 6.75%. The others are through private lenders and have variable rates between 2.8-3.5% Is there a benefit to federal loans that I am missing? $ 60 of my $ 140 payment goes to interest. Is it possible to refinance a consolidated loan through a private lender? I graduated college in Spring 2007.When did you take out your private loans? It sounds like you did this a long time ago before the economy went terrible. Right now interest for private loans is usually around 10% and you need perfect credit and a co-signer to qualify. Getting a federal loan is much simpler for most students.
More Consolidation Federal Loan Non Student
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Search terms:
- loan consolidation recommendations
- reccomended student loan consolidators
- should i apply for wells fargo private loan consolidation
- wells fargo student loans
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