Comments on: Unboxing MacBook Pro 17 Unibody (antiglare)

By: onecor620

onecor620 — Sun, 13 Dec 2009 02:24:46 +0000

Requirements: As I recall, you must have more than $10,000 in outstanding loans. You must not be in default.

Best lenders: I chose to use the federal government who held most of my loans. You can check nslds.ed.gov for more information.

By: Anonykris

Anonykris — Sun, 13 Dec 2009 00:01:45 +0000

The good news is that almost anyone can consolidate their student loans, even with bad credit. The federal government sponsors a program through the department of education that allows anyone to consolidate their federally backed student loans (most typically, they are Stafford Student Loans but could also be PLUS Loans or Perkins Loans) and approval is not credit based by traditional underwriting standards — the key is that you cannot be behind or have missed payments. You also must have graduated and you can only consolidate student loans once (typically) in the term of the loans. The exception to this last rule is that if you take on news loans, then you can consolidate again.

The benefit of consolidating your student loans is that you can lock in a low fixed rate while at the same time extending the duration of the pay-back on the student loans to 30 years… which could cut your monthly payment in half.

If you want to compare rates and terms to consolidate your student loans, you can get matched with several of Bills.com's pre-screened lenders, by applying here: https://www.bills.com/studentloan/loan/

To learn more about student loans, I encourage your to visit the Bills.com Student Loans Information page at http://www.bills.com/student-loans

By: Leset

Leset — Fri, 11 Dec 2009 03:37:31 +0000

Consolidating students loans do not make a difference to the credit expect if you fail to repay them (as you did). I have consolidated and it has worked out fine. I started with a low interest rate and because I paid on time for 36 months continuously my interest rate was dropped an additional 1%. If you can't make all the payments, consolidation is the best way to go and make your life easier. Good luck.

By: MAC loves Stars

MAC loves Stars — Fri, 11 Dec 2009 02:48:56 +0000

If you fit into the criteria, then you should move ahead to the next step, which is talking to the consolidation company and asking them to contact your creditors to reduce your monthly payments and interest rates. Just as with any other loan, student loan repayment affects your future prospects of loan-taking.

If student loan debt goes beyond eighty-five percent of your total income, it is seen as a negative score in your future credit assessment.

By: tludwig86

tludwig86 — Thu, 10 Dec 2009 19:45:45 +0000

Hi tludwig.,

The first thing is you need to make sure that you are not in default on any of them, because the Army won't repay any that are in default.

Also make sure that you meet all the requirements. I put a link that describes them below.

Once you're all set there, go to http://loanconsolidation.ed.gov/borrower/borrower.shtml . You can apply right there at the Federal Direct Consolidation Loan site.

Good luck,

Ken

By: what?

what? — Thu, 10 Dec 2009 02:04:58 +0000

Sallie Mae consolidates.

By: Bagxlee

Bagxlee — Wed, 09 Dec 2009 18:12:34 +0000

I am in the same boat. No one is consolidating right now because of the credit crisis. If you find someone who will do it please let me know, these $700 a month payments are killing me!

By: iNTERcEPTOR|SdB

iNTERcEPTOR|SdB — Wed, 09 Dec 2009 16:18:59 +0000

http://www.SSSC.com

I know a few people who consolidated their loans through them and they offered them great rates.

You may also want to try http://www.acs-education.com

By: Sharon R

Sharon R — Wed, 09 Dec 2009 16:01:26 +0000

Before any college loan consolidation you need to understand how things work try this site for starters.
http://www.loans.tohelpyou.info/refinance/Refinancing.html