topic Re: Student Loan Consolidation in Student Loans

Student Loan Consolidation

Peter1142 — Tue, 03 Feb 2015 20:22:01 GMT

We need to consolidate my wife's student loans to switch to an extended repayment plan. The people at the student loan co. she has the largest set of loans are total morons, they hire people to read off the webpage, and I really don't want to deal with them.

Are there any good companies I can apply for consolidation with, maybe get a better deal? Googling it seems to direct to a lot of scammy looking services.

Re: Student Loan Consolidation

Pat94108 — Tue, 03 Feb 2015 22:27:50 GMT

About what Direct Loan Consolidation?

http://www.loanconsolidation.ed.gov/

Re: Student Loan Consolidation

Anonymous — Wed, 04 Feb 2015 13:34:46 GMT

I have no direct experience with loan consolidation. I asked a classmate of mine and he recommended Upstart and Common bond.

Re: Student Loan Consolidation

Anonymous — Wed, 04 Feb 2015 20:18:23 GMT

Are they private or federal loans? If federal I'd definitely reccomend http://www.loanconsolidation.ed.gov/ That's who I used for my Federal Student Loan consolidation in Dec 2012.

Re: Student Loan Consolidation

Peter1142 — Thu, 05 Feb 2015 18:39:28 GMT

It seems she has little choice but to apply for consolidation through the federal government, as she wouldn't qualify for any privately funded programs (due to lack of income.) It also seems she can request a servicer on the application, but I guess it doesn't matter that much.