Student Loan Consolidation Info » Other – Business & Finance http://www.24-studentloanconsolidationinfo.com Thu, 17 Jun 2010 13:58:44 +0000 http://wordpress.org/?v=2.9.2 en hourly 1 How can a person consolidate their loans clear down cheaper than the federal government originally offers it for? There must be a catch for these companies to make money, right? Are these set up like credit cards, where you have to pay on time everytime and if you miss a payment and try to make up for it by sending extra, they’ll add on their fee and raise your interest to whatever they want to charge? Does it lock up everything you own as well? http://www.24-studentloanconsolidationinfo.com/how-can-a-person-consolidate-their-loans-clear-down-cheaper-than-the-federal-government-originally-offers-it-for-there-must-be-a-catch-for-these-companies-to-make-money-right-are-these-set-up-like/ http://www.24-studentloanconsolidationinfo.com/how-can-a-person-consolidate-their-loans-clear-down-cheaper-than-the-federal-government-originally-offers-it-for-there-must-be-a-catch-for-these-companies-to-make-money-right-are-these-set-up-like/#comments Wed, 16 Dec 2009 03:17:27 +0000 admin http://www.24-studentloanconsolidationinfo.com/how-can-a-person-consolidate-their-loans-clear-down-cheaper-than-the-federal-government-originally-offers-it-for-there-must-be-a-catch-for-these-companies-to-make-money-right-are-these-set-up-like/
  • If I consolidate my student loans with a private bank can I still write of the interest as a tax deduction? I am already graduated and scheduled to begin payment on the loan in April. I am currently trying to get it deferred for a few more months. If I consolidate these loans with a private loan can I still write of that interest on my taxes?
  • How often does interest accumulate on an unsubsidized Stafford student loan from the government?
  • I received a letter stating my loan application had been approved. The funds had been dispursed to this creditor. I have an application in hand from another source with the same creditor but a lower interest. I NEVER filled out an application. I did fill out something online a while back that was supposed to help find someone to help me payback my loan …. not a loan application. Is this legal? What are my options? I’m not even sure I want to consolidate because my interest right now is lower than the consolidation rate and it is making me pay 10,000 in interest. The loan amounts from this one company that says they already dispursed the amount is almost 500 different than what I owe … like there are some fees associated …. that I am not aware of. Aren’t I supposed to see everything hard copy to review it first before a loan application can be processed? Such as fees and interest rate …. etc?
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    princessbabs_82 asked:




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    1. If I consolidate my student loans with a private bank can I still write of the interest as a tax deduction? I am already graduated and scheduled to begin payment on the loan in April. I am currently trying to get it deferred for a few more months. If I consolidate these loans with a private loan can I still write of that interest on my taxes?
    2. How often does interest accumulate on an unsubsidized Stafford student loan from the government?
    3. I received a letter stating my loan application had been approved. The funds had been dispursed to this creditor. I have an application in hand from another source with the same creditor but a lower interest. I NEVER filled out an application. I did fill out something online a while back that was supposed to help find someone to help me payback my loan …. not a loan application. Is this legal? What are my options? I’m not even sure I want to consolidate because my interest right now is lower than the consolidation rate and it is making me pay 10,000 in interest. The loan amounts from this one company that says they already dispursed the amount is almost 500 different than what I owe … like there are some fees associated …. that I am not aware of. Aren’t I supposed to see everything hard copy to review it first before a loan application can be processed? Such as fees and interest rate …. etc?

    ]]>     http://www.24-studentloanconsolidationinfo.com/how-can-a-person-consolidate-their-loans-clear-down-cheaper-than-the-federal-government-originally-offers-it-for-there-must-be-a-catch-for-these-companies-to-make-money-right-are-these-set-up-like/feed/ 2     My father accidentally did what is called a “double consolidation” on his student loans. Now he has two companies asking for repayment on the same loan. We’ve contacted both companies and they both say that we should repay the first company and it will cancel out the second consolidation. We did that but my father is still getting bills from the second company. I’m not sure if we should just ignore them or should we contact both companies again and see what is going on. Does anybody have any advice on what we should do? http://www.24-studentloanconsolidationinfo.com/my-father-accidentally-did-what-is-called-a-double-consolidation-on-his-student-loans-now-he-has-two-companies-asking-for-repayment-on-the-same-loan-weve-contacted-both-companies-and-they-bot/ http://www.24-studentloanconsolidationinfo.com/my-father-accidentally-did-what-is-called-a-double-consolidation-on-his-student-loans-now-he-has-two-companies-asking-for-repayment-on-the-same-loan-weve-contacted-both-companies-and-they-bot/#comments Sun, 29 Mar 2009 22:26:32 +0000 admin http://www.24-studentloanconsolidationinfo.com/my-father-accidentally-did-what-is-called-a-double-consolidation-on-his-student-loans-now-he-has-two-companies-asking-for-repayment-on-the-same-loan-weve-contacted-both-companies-and-they-bot/
  • Recently, I consolidated my student loans (undergrad, grad school loans). After I received the final break down, it appears that I will be paying double over the 25 year pay back period even with a 6% interest rate. This is ludicrous and certainly NOT what the agreement stated. I need to find a better company with better rates and soon. Any suggestions – help!!! This company is really not the best and I plan to change soon. Send links and your advice on how they have helped you!
  • Also, Do debt consolidation companies include federal educational loans into the consolidation? If you have a federal student loan, and the loan company offered a 1800 # for a consolidation company to take the loan and pay it?
  • Hi, I’m looking at consolidation loans that offer cash rebates. Right now I’m looking at $1,100 rebates on my student loans with MOHELA. However, I was hoping to pay off a $4500 credit card bill with either a rebate or by borrowing more than I owe. Are there any companies that allow you to borrow more than you owe (l did this to pay rent as an undergrad) or include CC debt in a consolidation loan? Thanks!
    • ]]>     student consolidation

    Related posts:

    1. Recently, I consolidated my student loans (undergrad, grad school loans). After I received the final break down, it appears that I will be paying double over the 25 year pay back period even with a 6% interest rate. This is ludicrous and certainly NOT what the agreement stated. I need to find a better company with better rates and soon. Any suggestions – help!!! This company is really not the best and I plan to change soon. Send links and your advice on how they have helped you!
    2. Also, Do debt consolidation companies include federal educational loans into the consolidation? If you have a federal student loan, and the loan company offered a 1800 # for a consolidation company to take the loan and pay it?
    3. Hi, I’m looking at consolidation loans that offer cash rebates. Right now I’m looking at $1,100 rebates on my student loans with MOHELA. However, I was hoping to pay off a $4500 credit card bill with either a rebate or by borrowing more than I owe. Are there any companies that allow you to borrow more than you owe (l did this to pay rent as an undergrad) or include CC debt in a consolidation loan? Thanks!

    ]]>     http://www.24-studentloanconsolidationinfo.com/my-father-accidentally-did-what-is-called-a-double-consolidation-on-his-student-loans-now-he-has-two-companies-asking-for-repayment-on-the-same-loan-weve-contacted-both-companies-and-they-bot/feed/ 0