Monthly Archives: July 2008

Does anyone have advice for a recent college graduate wanting to consolidate student loans?

Q asked: I took out a private loan with TERI for my freshman year, and three more private loans with SallieMae for the last three years of undergrad. I called SallieMae to ask about my options and they were very … Continue reading

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Has anyone actually had success using those debt consolidation companies?

MiM asked: I’m wondering if anyone has had any success using those debt consolidation companies and if so, what’s the process of it? How does it work and will it really work at lowering your interest rate/debt owed? And what … Continue reading

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Will a “Debt Consolidation ” company also help with Ed fund student loans that are now defaulted?

only 1 asked: I am considering looking into debt consolidation. My student loans are being garnished by ed fund from my wages. they have also just taken my Ca state income tax check. If I do debt consolidation, will they … Continue reading

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Are there any truly FREE debt consolidation or debt assistance agencies out there?

Bruno asked: It seems there is no such thing as free debt assistance. I would like to know if any agency can assist with consolidation or act as a mediator. Is this asking for too much for free? My goal … Continue reading

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Can I consolidate a PLUS loan, my direct student loans and a private loan?

Dr S asked: I have way too many loans. Thankfully I finished college and got a good job. I heard that since the PLUS loan is in my parent’s name and the rest are in my name, I cannot consolidate. … Continue reading

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Is there a way to un-consolidate student loans that you already consolidated?

siren0327 asked: I consolidated my student loans and now am finding out that by doing so I may have voided my ability to defer them in the future. Is there some way to undo this?Caffeinated Content for WordPress

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Bank loan or debt consolidation program for credit card payoff?

honhill asked: Due to a family tragedy, my husband and I are currently in $26,000 of credit card debt. All of the payments are current and the cards are paid on time with the accounts still open (we are not … Continue reading

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Can you consolidate students loans to help reduce monthly payment?

xyz asked: I am about to complete at a community college with an associates degree but will have to start paying the money back, is there a program that anyone has used that can help consolidate your loans and lower … Continue reading

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