Comparing Loans

Here is a good site that compares loans:

http://www.nextstudent.com/compare_loans/compare_loans.asp

What to do before College?

Whether you've decided on college or a trade school, or if you need to sort out the next few years, think your future through methodically so you can make sound decisions.

Regardless of your career plans and ambitions, there are things you can do—academically and non-academically—to make yourself more attractive to employers, business partners, colleges and universities, military recruiters, or technical schools.

Loans Increasing On July 1st.!

Time to step up to the plate and secure a consolidation loan. I am hearing you can still lock in at 5.375% if acting before July 1st.

Expect a list of companies offering the best rates.

The Educational Loan Company

This is worth checking out!!! I am surprised I did not trip over this company earlier.

This company has a great video explaining everything. Plus, a HOT CHICK!!! Now, who says banking cannot be fun!!!!

Here is the link:

www.EducationalLoanCompany.com

They have it all. Calculators, Consolidators, and a HOT CHICK!!!

www.SallieMae.com/consolidation

Consider this. They are not the top leading consolidation bank in the World for nothing. Here is the link to their consolidation/savings calculator:

http://www.salliemae.com/content/tools/calculators/consolidation/repay1.html

nextstudent.com

Overall, this is another great program. Some of the benefits:

-Consolidate your student loans and save money

-Defer payments

-Free U.S. Government program (no fees or other charges)

-Interest Rates as low as 4.5% and it's Free!

-No credit check or pre-payment penalties

-Information is secure and confidential

Bank of America Loans

They have excellent programs and services. They include:

No application, origination or guarantee fees
No prepayment penalty
Interest rate discounts for automatic (ACH) and on-time payments

Although I think Bank of America has the worst customer service and high fee's for personal accounts, their College Loan Consolidation is good. Especially a discount on interest if payments are on time.

Now that is an incentive.

Benefits and Advantages

Low monthly payment amount
Convenience of a single monthly payment for all your private loans
No fees
Choose a fixed or variable interest rate
Consolidate loans from any lender
Defer payments while in school