Has anyone done this for their private loans? If so, who did you use? What bank did you have the loans with?
kate0211
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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
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Re: NWR: Student loan Consolidation
its horrible right??
HM807
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Re: NWR: Student loan Consolidation
My FH used Chase and I think the interest is 5%
FutureMrsPD
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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
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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
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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
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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!
