If we're all going to consolidate in-school then why not...

[H0mersimps0n]

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...consolidate our private loans too right?

I haven't seen many companies that will consolidate federal and private loans. I really wanted to keep all my business at T.H.E. cause they're pretty good about returning e-mails and phone stuff but they don't do private loans. I have a fairly large amount of private loans from my undergrad years that I'd like to get into one place. I am just starting my MSIII year so I have considerable federal loans too.

Is there anyone out there in this race to consolidate while still in school and taking advantage of the rates before the "big hike (read: hype)" and found a company that will consolidate everything?

Has anyone figured out why the companies are pushing this on the students so furiously- it seems like there's a hidden agenda for them because low rates doesn't equal more $$$ for them right? Anyone found the catch?

Thanks!

 

[reggae girl]

...consolidate our private loans too right?

I haven't seen many companies that will consolidate federal and private loans. I really wanted to keep all my business at T.H.E. cause they're pretty good about returning e-mails and phone stuff but they don't do private loans. I have a fairly large amount of private loans from my undergrad years that I'd like to get into one place. I am just starting my MSIII year so I have considerable federal loans too.

Is there anyone out there in this race to consolidate while still in school and taking advantage of the rates before the "big hike (read: hype)" and found a company that will consolidate everything?

Has anyone figured out why the companies are pushing this on the students so furiously- it seems like there's a hidden agenda for them because low rates doesn't equal more $$$ for them right? Anyone found the catch?

Thanks!

I'm not sure if they're legit but FedEd loans will consolidate federal and private loans.

 

[jmugele]

Has anyone figured out why the companies are pushing this on the students so furiously- it seems like there's a hidden agenda for them because low rates doesn't equal more $$$ for them right? Anyone found the catch?

Thanks!

Figured out why they're pushing consolidation? It's because even though they offer you a lower interest rate, it's a longer term loan (usually 20 or 30 years). So, you're actually paying back more money over time.