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Consolidating Student loans

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Old 09-13-2007, 08:02 AM
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Geronimo36
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Originally Posted by seafordguy
I am consolidated with Sallie Mae as well. The rate is WELL below inflation for me so I refuse to pay it off early (not that i have the money to anyways but never the less)

Suzie Orman was talking about this on TV last night... She was saying how some student loans are like 2% intrest.... She said to take as long as you can to pay them off with a rate that low because it's like free money.... If the rate is higher than different story...

She also mentioned that if you earn less than $50K, that your loan payments for tuition are tax deductibly up to $5K????

I don't have any student loans, paid for school as I went.
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Old 09-13-2007, 08:15 AM
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Originally Posted by Dave1972
Feel free to contact me. I have worked in the student loan business for a long time. Is pretty cool to see someone ask about this on my favorite site OSO!

agchoset...the "single holder rule" no longer applies to consolidation and you can consolidate with any lender (that will have you that is) and you don't have to use the lender you used previously.

I love the company I work for and we do have some "borrower benefits" that will save you some serious $$ over the life of the loan.

You can call me at 608.235.0349 (cell) and I can try and steer you in the right direction

Dave
Dave,
Which company fo you work for. Do you offer fixed or it that impossible for private loan consolidation?
Feel free to email me at (fastcat3600 at gmail.com)
thanks.
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Old 09-13-2007, 11:39 AM
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LostinBoston,

You have email .

Let me know if you need anything else or have other questions!

Dave
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