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NWR: Student loan Consolidation

DD628 Posted: Aug 07, 2008 11:05 AM+

DD628 MEMBER SINCE: 6/07 TOTAL POSTS : 2245 WEDDING DATE: Jun 28, 2008

Posted: Aug 07, 2008 11:05 AM

NWR: Student loan Consolidation

Has anyone done this for their private loans?
If so, who did you use? What bank did you have the loans with?

kate0211 Posted: Aug 07, 2008 11:32 AM+

kate0211 MEMBER SINCE: 1/07 TOTAL POSTS : 632 WEDDING DATE: Jul 05, 2008

Posted: Aug 07, 2008 11:32 AM

Re: NWR: Student loan Consolidation

hmm...i'd like to know this too - i have lots of private loans from grad school and i'm getting ROBBED on interest rates

DD628 Posted: Aug 07, 2008 11:42 AM+

DD628 MEMBER SINCE: 6/07 TOTAL POSTS : 2245 WEDDING DATE: Jun 28, 2008

Posted: Aug 07, 2008 11:42 AM

Re: NWR: Student loan Consolidation

its horrible right??

HM807 Posted: Aug 07, 2008 11:54 AM+

HM807 MEMBER SINCE: 8/06 TOTAL POSTS : 1701 WEDDING DATE: Jan 01, 2017

Posted: Aug 07, 2008 11:54 AM

Re: NWR: Student loan Consolidation

My FH used Chase and I think the interest is 5%

FutureMrsPD Posted: Aug 07, 2008 12:22 PM+

FutureMrsPD MEMBER SINCE: 8/07 TOTAL POSTS : 1563 WEDDING DATE: Oct 11, 2008

Posted: Aug 07, 2008 12:22 PM

Re: NWR: Student loan Consolidation

i consolidated all of mine with Sallie Mae. It was sooooo easy and organized! I am paying a pretty low interest rate and i have it set up that they just take it out of my bank each month.

autumnbride10 Posted: Aug 07, 2008 12:24 PM+

autumnbride10 MEMBER SINCE: 8/07 TOTAL POSTS : 3165 WEDDING DATE: Oct 11, 2008

Posted: Aug 07, 2008 12:24 PM

Re: NWR: Student loan Consolidation

MIne are with Direct Loans. The U.S. dept of Ed.
It good because they have 3 ways you can pay them back...

MikeandJess Posted: Aug 07, 2008 12:36 PM+

MikeandJess MEMBER SINCE: 10/06 TOTAL POSTS : 15614 WEDDING DATE: Sep 14, 2008

Posted: Aug 07, 2008 12:36 PM

Re: NWR: Student loan Consolidation

I hate sallie mae I think she is the devil. I would like to know this too, there was a company everyone was using but I forgot the name. 5% at chase doesn't sound bad.

lilpiggy742 Posted: Aug 07, 2008 01:46 PM+

lilpiggy742 MEMBER SINCE: 11/07 TOTAL POSTS : 2093 WEDDING DATE: May 29, 2010

Posted: Aug 07, 2008 01:46 PM

Re: NWR: Student loan Consolidation

are your loans all private? I know for federal loans there's a website loanconsolidation.ed.gov and its through the dept of education...there's a new law that the interest rate can't go above 8.5%..they take the weighted average of the loans so if let's say its 4%..that would be your interest rate but if was say 11%..they would drop it to the 8.5...you could check that out!