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Student loan help

 
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horobarrie



Joined: 10 Sep 2007
Posts: 2

PostPosted: Mon Sep 10, 2007 9:59 pm    Post subject: Student loan help Reply with quote

Hi everyone. I have a decent job lined up but of course I'm deep in debt as a result of my student loans. Everyone I've talked to has suggested consolidation, since it'll lump all the monthly payments into one and lower my interest rate (provided that I get a good lender). I've trying to avoid the bigger names -- Nelnet, Sallie Mae -- since I haven't heard great things but the company with the best incentives, Educational Loan Company, I haven't heard much about. Still, I'll get a 2.5% reduction after four years of good payments -- that's quite a bit off the back of the loan. Any one else go with them?
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