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The Department of Education has a whole site dedicated to consolidating student loans. Here it is: http://www.loanconsolidation.ed.gov/
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Where can I consolidate school loans?
Consolidating student loans can save borrowers up to 50% on monthly loan payments. At StudentLoanConsolidator.com, you can learn how the consolidation process works, view interest rates, and get started consolidating both federal and private student loans.
How can I find out about consolidating private loans?
There are numerous websites that offer some suggestions about consolidating private loans. The best resource to get information on consolidating private loans is the financial institution or banks that offer financial advisor services.
How does one go about consolidating their loans?
One goes about consolidating their loans by putting all loans into the lowest interest paying source. For example if one is paying 19% on their credit cards, they may reduce the amount by taking a loan out to pay it off, then have a 5% interest rate instead.
What would be the benefit of consolidating your private and federal student loans?
One benefit of consolidating your private and federal student loans is that it would lower your monthly payments. Another benefit of consolidating student loans is that the variable interest rate on the loan can be switched to a fixed interest rate.
Where do I find out about consolidating student loans?
Talk with whoever you got your student loans through. They will be able to tell you if you can consolidate your loans or not.
We took out student loans for our son to go to school Now that he is out of school and established his own credit we want him to get the loans out of our name How can this be done?
In the US, since interest rates just went down on July 1, your best option is for your son to consolidate the loans in only his name and he gets the benefit of locking the interest rate in. If you or your son need help consolidating the loans, click on the link at the bottom of this text box.
Is it hard to qualify for consolidating private loans in today's economy?
Consolidating private loans should not be a problem as long as you have a good credit score and have kept up with payments on your outstanding loans. Visit your existing loan companies or call and discuss your desire to consolidate.
How do I go about consolidating student loans?
You can consolidate your student loans by consulting a financial planner or consultant. You can check out these tips for more information: http://www.forbes.com/2009/04/15/student-loans-moneybuilder-personal-finance-consolidate.html
What are the alternatives to consolidating loans when faced with debt problems?
On the subject of alternatives to consolidating loans while facing debt problems, it may be worth the effort to consider getting oneself into some form of debt settlement.
Are you eligible for a single-mother student grant if you have defaulted on your student loans?
In the US, the answer is no, unless you rehabilitate the defaulted loans for 12 months or unless you consolidate the loans. A person with defaulted federal loans is not eligible for additional federal assistance until the default status is rectified. Once the loans are rehabilitated or consolidated, you will then be eligible to go back to school and receive additional loans or grants. If you need help consolidating your federal student loans, click on the link below this text box.
Where can one learn more in the UK on consolidating private loans?
In the United Kingdom, you can learn more about consolidating private loans through Halifax UK, which is a banking chain and the UK's largest provider of mortgages and personal savings accounts.
If you go back to get a MA and have student loans from your BA do you stop paying those loans while in school?
Yes, you can get an in-school deferment on your undergrad loans if you go back for masters.
