Private Student Loan Consolidation

[invandydude]

Hi all,


Great info! I am glad I found this forum! (newbie here)

I have a rather big amount in private student loan (50+K) that is in repayment status (with Sallie Mae). Paying my monthly due without a problem. The thing is that everytime I hear about interest rates going up and do the math of how much it means to me in terms of interest only I am annoyed.

I have been checking for consolidation offers for private loans and the best/concise one I have found is nextstudent.com

I have read and researched and so far I do not find anything that would put me in a loophole if I consolidate with them. The only benefit I am striving for is the fixed interest rates. I am trying to pay the total as soon as possible anyway. Not taking the full term of 20 years or so. Rather pay it in 5 if possible.

[B]I'm looking for comments/suggestions if any of you have consolidated private loans, if there is anything to really pay attention to.

I went to school in Nashville.

Thanks in advance for any comments.

[No spamming. Thanks, Admin.]

[aaron]

Somebody seeking student loan consolidation would be well-served to act very quickly, as rates will be going up at the end of the month.