JOHN asked:


I have CC and car payment liabilities totaling nearly 30 grand. I would like to consolidate this debt into a low interest loan. I am a community college student with a 4.0 GPA and plan to obtain at least a bachelor’s degree. My credit score is likely too low but I can possibly obtain a co-signer. Are there such loans that don’t need to paid until after graduation? Who has the best interest rate??
so much for hoping for expert advice – these first four answers **** and show either an agenda in the answerer or just plain stupidity. Don’t bother answering my question unless you know something about the subject and can direct me where to go to make it happen. thanks.
nobody knows what they are talking about, it’s all cut and paste b.s. or somebody trying to get more points on this site.
ultimately, the interest rate will be as good as the credit score of my co-signer is, and the “student” part of my loan appears to be a non-factor, as the money isn’t for fees, books or living costs.

Consolidation Debt

troyman2000us asked:


My direct student loan is now through the government, and I feel like I am absolutely getting nowhere with them. I have had my loan through them since 2004 and my balance has went from 35000 to 32000. I really need some suggestions of what companies to go through to possibly refinance. My credit score is in the middle area. Thanks for your help.

Consumer Credit Debt Consolidation

migueljuan asked:


I currently owe $45,000 in student loans and I am having a hard time paying them off. The loans are private (sallie mae) and I am not elligible for consolidating them via federal loans since I am not a US citizen. I was not able to get a visa so I had to leave the US. I live in Europe now.

I understand that declaring bankruptcy would not cancel out the student loans, but I have read that bankruptcy could cancel out credit card debt. I have a good credit score (790), so given some time, with an even higher credit score, I may be able to transfer my loans to a few credit cards.

What are the laws regarding credit card debt and bankruptcy? What difference does it make that I am not a US citizen and do not live in the US?

Credit Card Debt Elimination

melaniemia7 asked:


I have about $7,000 in credit card debt that I’ve aquired during the past 4 years of college. Now I’m graduated, can’t find a decent job, and going back to grad school. I’m having trouble even paying the minimum, and was wondering if I consolidated my debt if this would hurt my credit score. Oh yeah and I owe $30,000 in student loans, but those have already been consolidated.

Free Debt Consolidation

Fly girl asked:


I am at the final stage of paying off credit card balances. Just one more month, yippee!!!! I’ve also already paid off my car loan 7 months before the maturation date. Anyway, I still have close to $50,000 in student loan debts- federal and private. But that’s it. I have never had any major credit problems. Will all this student loan debt have a negative impact on my credit score and rating?
I always make the payments on time every month.

Credit Card Debt Consolidation

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