Bauer asked:


I am a little suspicous because I have received literally hundreds of letters from various companies that want me to consolidate my student loans. Are they just trying to make money from me? Do I really benefit from consolidating? Please help! Thank you!

Caffeinated Content - Members-Only Content for WordPress

crazyone asked:


I am thinking about doing debt consolidation, but am confused by all the different companies out there. I have heard that there are a lot of shady companies. Does anyone have some helpful advice. My debt is not a huge amount ($6000), but I am tired of paying and paying on them and never seeing a difference on the balances.

Kansieo.com

rain20four7 asked:


I have all sorts of debt. 3 closed checking accounts and one closed savings account, a closed credit card account, and four bounced checks. Does anyone know of a solid debt consolidation firm that can help me? Most won’t handle overdrawn bank accounts, and I can’t find one for the life of me. The total debt is somewhere around $7,000. The sad thing is that I am a college student who got in trouble with gambling, and now I’m trying to come clean. Please advise! Thanks in advance!

Caffeinated Content for WordPress

~*Stephanie S asked:


I just graduated with $16k in student loans, and I’m wondering if it’s worth it to consolidate, or if I should leave my loans as they are.

My rate is a bit over 6%, and my payments (which start in December) will be about $200 a month.

I have a friend (who is married to a guy in a wheelchair) that has always said that she would never consolidate her student loans, because, if you do, your loans aren’t forgiven in case of complete disability, as her husband’s were.

On the other hand, a lower interest rate would be nice.

What factors should I consider when deciding whether to consolidate?

If consolidating would be a good choice, are there any particular lenders that you would recommend?

Create a video blog

Mama C asked:


I want to consolidate my student loans to the lowest rate possible before the July 1 deadline for rate increases on student loans. Where do I start in order to get the best information to help me make a safe decision?

Caffeinated Content for WordPress

tinkerbell_730 asked:


especially if you dont’ have the money to pay off the monthly balance? i have $8,000 worth of credit card debt and not sure if it was a good idea to get a debt consolidation loan to pay 3 of ‘em.

Website content