STUDENT LOANS: Consolidating Fed. Loans with Sallie Mae Loans?
I am currently paying too much for student loans! I just graduated college about a year ago and consolidated federal student loans (subsudized and unsubsidized) with Brazos (referred by AES). What I would like to do is consolidate fed. student loans with student loan I received from Sallie Mae so that I only have one payment to make per month. Does anybody know of any companies that consolidate not only Stafford loans but also private loans? Even better would be a lower rate than I am paying now, but any advice will help! Answer: Sallie Mae offers both federal and private student loan … Sallie Mae offers both federal and private student loan consolidations. Unfortunatly, with federal loan consolidation, it is the weighted average of the loans to be consolidated rounded to the nearest 1/8th percent. Private loan consolidation is based on your credit and if you apply with a cosigner, so the better your credit, the better your rate. Answer: There are two sources for student loans — the