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Posts Tagged ‘debt consolidation chase bank’

Question: Need Help with Consolidating Private Student Loans!?

Okay, so, I have tried getting help with consolidating Pirivate Student Loans ($85,000) (there were seven different increments that I took this loan out in) and have found out that:

NextStudent-No Longer does biz for private student loans now
PAL Student Loans-No Longer accepts apps either
WellsFargo-Almost got in here, but when my mom tried to help me as a co-signer (who makes over $200 grand a year), she tried to fax over her earnings statements and they kept giving her grief about the fax wasn’t clear or something, and then they said, denied…nice.
Chase-said nope, too many student loans, it was “too hard’ for them to consolidate it, lovely.
And pretty much everything else, has been a big fat no.

I don’t want to do debt consolidation, because it appears as a negative on your credit report, and I am a federal employee.

Someone help, because I got my student loan through CitiAssist, and am about to go into repayment to the tune of $700 a month, and am about to crack.

Answer: You might try Sallie Mae, but if Wells Fargo turned you down, Sallie Mae might as well. The economy is making the lenders be very strict.... but it could be for the best anyway. Without consolidation, your loans will be paid off much quicker.

India’s Budget Plan Offers Central Bank Scope to Raise Rates

Finance Minister Pranab Mukherjee yesterday unveiled plans to cut the deficit to 5.5 percent of gross domestic product in the year starting April 1 from 6.9 percent the previous year.

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