What kind of loan can I get to consolidate private student loans?

August 25, 2010 by admin · 4 Comments
Filed under: Bob's World 

I have $100,000 in private student loans from two lenders. The interest rate is over 10%. Is there a way to get another loan to pay this off at a lower interest rate? What kind of debt consolidation program should I consult? Most student loan companies only deal with Federal loans it seems. I keep seeing ads for mortgage loans with low monthly payments– is there something similar I could get for a personal loan? THANKS!


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If I Consolidate My Student Loan With A Personal Loan Can I Still Write Off The Interest?

December 28, 2009 by admin · 1 Comment
Filed under: Bob's World 

I had a federal student loan which I consolidated about 8 years ago to someone who eventually sold that loan to Citibank. I pay about 8.35% in interest. I am considering paying off that student loan with a personal loan where I can get a better interest rate. If I do this will I still be able to write off the interest I pay on my taxes?

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