Princess asked:


I have some credit card debt from college (around 8000) I have not been late on a payment in over a year, however I was looking into care one credit to consolidate these. I have already attempted to call the companies and request lower interest rates since they are sky high (one went from 22.9 to 20.9 whoo hoo). My credit score is 632 . Can anyone tell me if this would be a good thing to do at this time. I really want to pay these off. Any suggestions would be helpful.

Federal Student Loan Consolidation

Loon-A-TiK asked:


i have a lot of student loan debt and want to consolidate. however, i’m sure that because it is a private loan they’re going to run my credit. do you know what is the lowest score i can have to consolidate?
I don’t need debt management- my bad credit is the result of the ratio between my income and huge student loans. This totally messes with your credit. I’m working with a law firm to get this under control. I just need to consolidate my loans and while I can wait until my credit improves, I want to start saving money now.

Credit Card Debts

J. G. asked:


I have a lot of debt in student loans, some credit card debt and an auto loan I need to consolidate in one long term loan. I don’t own a home I rent and I have not been able to find anything that will give a large long term loan to a renter. Does anyone have any ideas?

Consolidate Credit Debt

irishman1 asked:


I am getting ready to pay back my Sallie Mae student loans and they are expecting me to pay approximately $500 per month for my private loan. The only other alternative they gave me for a lower monthly payment was the Interest Only option, which I have heard is a horrible choice. Given today’s economic condition and the difficulty of college graduates finding jobs, I don’t know how they can expect people like myself to pay $500 per month. Are there any private consolidation companies out there right now that can significantly lower my monthly payment?

Thank you!

Eliminate Credit Card Debt

paywhenihaveajob asked:


I want to pay it off, but I am working to just support myself right now. I am a full time graduate student. I don’t want to file bankruptcy. please help.

Federal Student Loan Consolidation