private loan consilidation
Date: Fri, 03/11/2011 - 13:43
I am in good standing and have been making on-time payments for several years on my Sallie Mae private student loans, but I'm tired of feeding this lousy company money. I have 11% interest on some of the loans and they're unwilling to significantly reduce interest even after several years of on-time payments.
Is there a 3rd party lender out there who will pay off these loans and give me an fair rate around 6-7%?
Is there a 3rd party lender out there who will pay off these loans and give me an fair rate around 6-7%?
Well, you can consolidate your private student loans into one bi
Well, you can consolidate your private student loans into one big loan with a low interest rate. You can qualify for a low rate consolidation loan if you have decent credit. This will help you pay off the debt easily.
Quote:Well, you can consolidate your private student loans into
Quote:
Well, you can consolidate your private student loans into one big loan with a low interest rate. You can qualify for a low rate consolidation loan if you have decent credit. This will help you pay off the debt easily. |
Yeah where?? You obviously have never tried to consolidate a private loan. There is pretty well only one lender left in the private loan consolidation field and that is Wells Fargo and even then, they are hard to qualify for. Even if you qualify for a wells fargo loan, a huge interest rate reduction is not going to happen. Plus often these loans have origination fees that can add a major chunk of change to the loan.
