Join Early Retirement Today
Reply
 
Thread Tools Search this Thread Display Modes
Student Loan Consildation
Old 06-17-2009, 11:21 PM   #1
Dryer sheet wannabe
 
Join Date: Jun 2009
Posts: 10
Student Loan Consildation

I did not see a section for student loan consolidation above so I figured that this would be the most logical place to put it.

I have been ding some research on student loan consolidation. Some companies state that they can save you up to 60% on your monthly payment.

Does any one know of a good company for student loan consolidation or is anyone aware of the drawbacks to consolidating student loans?

My annual income is $40,000/yr, I spend $870/mo. and I have approximately $60,000 in loans that are are in deferment.

Thanks in advance for the info!!
__________________

__________________
MrTux is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that Early-Retirement.org is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Old 06-17-2009, 11:25 PM   #2
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
haha's Avatar
 
Join Date: Apr 2003
Location: Hooverville
Posts: 22,386
Quote:
Originally Posted by MrTux View Post
I did not see a section for student loan consolidation above so I figured that this would be the most logical place to put it.

I have been ding some research on student loan consolidation. Some companies state that they can save you up to 60% on your monthly payment.

Does any one know of a good company for student loan consolidation or is anyone aware of the drawbacks to consolidating student loans?

My annual income is $40,000/yr, I spend $870/mo. and I have approximately $60,000 in loans that are are in deferment.

Thanks in advance for the info!!
If you have direct loans such as Stafford, be very wary of consolidating with a private lender. Direct government loans are better in so many ways!

Ha
__________________
"As a general rule, the more dangerous or inappropriate a conversation, the more interesting it is."-Scott Adams
haha is offline   Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off


Similar Threads
Thread Thread Starter Forum Replies Last Post
Student loan forgiveness program Martha Young Dreamers 9 03-15-2008 10:03 AM
Student Loan Debt Jas2be Young Dreamers 17 08-01-2005 02:06 PM
Student Loan Consolidation haha Other topics 3 11-22-2004 04:28 AM

 

 
All times are GMT -6. The time now is 06:02 PM.
 
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2017, vBulletin Solutions, Inc.