love is blind asked:


I am planning to transfer, I assume you might not be able to take the loan with you. Since college loans want you to wait until after college to start paying, will transferring to another school in the meanwhile, mean that I will have to start paying soon after I transfer or after I’m done with school altogether?
how about loans with banks?

Lily asked:


i am a new student of Art center college of design, and i am looking for pravite student loan. which bank will be better, and what are the inrest rate on these banks?
Here is the list of banks they provide:
CitiBank
KeyBank
USBank
accessgroup
CHASE
campusdoor
Education Finace
Wachovla
Thanks for your help ^__^

Jan M asked:


I got an offer to get a Stafford loan from First Financial Bank and Citi Credit. Can I get a Stafford loan from both of them, or am I only allowed one? I kinda need more money for college.

It’s time to consolidate your student loans and you want to know exactly what to expect. You can always contact a lender by phone to discuss terms and have them try to sell you on consolidating with their programs. You can visit your local banks and financial institutions to see what deals they offer. The easiest way to get payment information on your potential consolidation loans is by going online to find a loan calculator. There are a number of websites that have this feature and it is easy to use.

Knowing the Difference

When you are looking at consolidation you will find that lenders offer a variety of similar interest rates to attract borrowers. Small differences in percentages can make a big difference in payment so you need to know how much those little points will cost you. The student loan consolidation calculator takes into account your loan amount, percentage for interest and term for repayment.

Using the Calculator

You will need to enter the loan amounts and interest rates for your outstanding loans. Sometimes you will be able to enter the total amount of your loans combined to do this step. You need to make sure you enter your base interest rate for the consolidation loan. There is usually a section where you enter the duration for repayment so you can get a better idea of how much each installment will be. Finally, you click the ‘calculate’ button and get all the information you need.

You should be aware that the information from online student loan consolidation calculator. It is considered as estimates of the actual amount. There may be fees, charges or a change in rate that will affect your particular repayment. Your credit will also affect the consolidation loan you get if you are consolidating private loans.

By: Sara Sentor

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Benny M asked:


So I’ve searched and called every bank and student loan consolidation firm and no one is consolidating, except for Citibank.

I’m disappointed, I mean not even the government backed agencies and the gov’t itself are willing to consolidate because the economy is so crappy.

Anyone know any place where I can get a somewhat decent rate? And when I said everyone has closed their doors, even Nextstudent, Myrichuncle the list continues. All because it is not profitable to consolidate.

Alicia asked:


I am trying to get approved for a student loan with bad credit and without a cosigner. I had to drop 2 classes this semester because I couldn’t pay for them. If you know of any banks that I could get approved at or any helpful information about getting approved for student loans that would be great. Thanks.