Question by spadezgurl22: anyone know of any good debt consolidation programs?
I have mounting debt mainly due to student loans (whihc I would liek to pay seperate) but everythign else from credit cards and phone bills etc is very hihg close to 15,000. I want to consolidate so ic an make monthly payments to all of them and try to save my credit. any good place u can recomment that will no charge me a high interest rate or take too much profits away?

Best answer:

Answer by pioneerlendersmod
Student loans are good loans even if they leave you with a bit of debt. You can use a student loan consolidation program or look for a program that combines both your student loans and other debts into one consolidation program.

The key to a successful consolidation program is to avoid going back into debt. You mentioned credit card bills, utilities, etc. If you are falling behind on everyday expenses, I would suggest getting a 2nd job so that you don’t fall back into debt even after a successful consolidation program. Good luck.

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Question by mama barney: Does anyone know of a student loan company that does spousal consolidation?
We know the downside of – if one of us dies the other is responsible for the loan – but we both have such high interest rates and would love to consolidate before they go up again. We are trying to simplify our finances and reap the benefits of smaller payments…

Best answer:

Answer by dreamscorporation
debt consolidation

if someone wants to get out of debt today it is pretty easy with a debt consolidation plan
however it may get a bit tricky at times, I suggest you get as much information as possible online on this first,

a good place to start in my humble opinion is:

http://umgarticles.atspace.com/debt-consolidation.htm

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Question by Alex: Anyone know of a best place for private student loan consolidation?
Hey there, I am looking to consolidate my private student loans, I have a total of about k. Anyone know of a place that offers the best interest rate?

Thanks for any help.

Best answer:

Answer by Bob K
Try Sallie Mae

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Question by esweetie01: Does anyone have a private student loan consolidation with Education Finance Partners?
Wanted to know if anyone is happy with the service they provide. Or are they like Salliemae where they rip you off and charge astronomical interest rates on student consolidation loans.

Best answer:

Answer by payingcollege
Private student consolidation loans are not guaranteed by the gov’t – so they’re a much higher risk to the lender. Therefore, they’re typically based on the credit history of the borrower. It’s unlikely you’d get a significantly different interest rate if you shop around to different lenders.

What you can do is get your credit in as good shape as possible before you consolidate, and/or find a cosigner with good credit. This can help bring the interest rate down. The rates may *seem* high, but they’re probably lower than a typical credit card or car loan rate, plus the interest on them may be deductible on your taxes.

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