melby asked:


I have 3 student loans through the federal gov’t (perkins, federal direct and a “GATE” - AES loan). I also have a small private student loan through citibank. I want to consolidate all 4 by the July 1 deadline but no one will combine private and federal. I get ads in the but they all seem like scams to me. Any financial experts have any ideas?

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Avatar asked:


I took out Stafford subsidized loans each year I was in college through Sallie Mae. Interest rate is now 8%. Is it possible to consolidate?
I already make one payment through Sallie Mae

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Nicole D asked:


Will any debt consolidation company include secured debts like cars and educational loans into the program?
Is it uncommon, does anyone know of one?

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mrxalex319 asked:


I have 3 private student loans from 3 different banks. Is it better to consolidate now that the fed dropped the rates. Im currently getting 7.45, 8.5, and 9.5. thanks

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Nik asked:


What is the benefit of using debt consolidation for credit card debt? I am trying to decide to either call the credit card companies myself and negotiate for a lower payoff/settlement amount, or to use a debt consolidation company? If I negotiate with the credit cards directly, will that be considered a charge off? I would want to settle myself if I can to avoid paying all the months of high interest. But if I use debt consolidation, then they will charge me a fee every month for so many years? What is their purpose? What would be the best route to go financially?

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Teri M asked:


I need to lower all of my bill. I want to get into a free non profit debt consolidation.

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