Get Started for a Free Consultation!


Debt Destroy

Consolidate student loan


Linda Rep Points: 50
Posted on November 6, 2007 at 2:30 pm
What should I do, is it better to consolidate my private student loan first or my federal student loan? What or who is a good company that can help me do this? Can I consolidate both loans together?

Linda Rep Points: 50
Posted on November 6, 2007 at 2:30 pm
OK, so as I understand it it is better to pay off a private student loan before a federal student loan because of a lower interest rate on the federal loan? Is that right? I'm still a bit confused how student loan consolidation can help me. Is it a better idea to keep them separate and pay off the private loans first?

nekaguy Rep Points: 270
Posted on December 12, 2007 at 7:42 am
Its better to stick with the federal bank loan because, the private loan offer a very high percentage of interest. It will be difficult once we are continuing the private loan and surely the rate of interest will be much lower in federal bank loan, so go for the federal bank loan and consolidate your private loan.

autsinwells Rep Points: 10
Posted on September 9, 2008 at 6:37 am
Yes you can surely consolidate your federal loan or general loan. I was having the same problem. I dont know they validate it or not.

shahadin (Guest) Rep Points:
Posted on November 4, 2008 at 11:37 pm
Students who do not meet federal requirements for financial need can use the route of a private student loan. Apply for a private loan is free. The loan is based on the student's creditworthiness and not the need for aid as does the federal loans.Many lenders offer private student loans to students or their parents and the application process is simple and free. The loan requirements are usually less stringent and the repayment options are affordable for young professionals. A private student loan is a great way to finance the education of any student that needs financial help. Below you will find things that you should know and things you should consider.
Posted on February 8, 2010 at 4:20 am
Consolidate student loan ... if you want to know more about it, here http://www.loanconsolidation.ed.gov/

capri Rep Points:
Posted on February 8, 2010 at 4:22 am
Consolidate student loan (Federal aid)- http://www.direct.ed.gov/

Sabastian6 Rep Points:
Posted on July 16, 2010 at 12:43 am
yes you can consolidate your federal loan and private loan into a single loan....but if you want to consolidate only one ..than you must consolidate your private..

Arun (Guest) Rep Points:
Posted on October 6, 2010 at 3:50 am
Check athttp://www.clearurdeb.com/3/index.html
Posted on October 16, 2010 at 9:28 am
Learn Everything about Student Loan Consolidation
Page: 1 2