cuStudentLoans- Consolidating Private loans

Discussion in 'General Education' started by JRafko, Dec 18, 2013.

  1. JRafko

    JRafko Rookie

    Joined:
    Jan 7, 2013
    Messages:
    74
    Likes Received:
    0

    Dec 18, 2013

    cuStudentLoans has recently come to mind with paying off private student loans. I have a boat load of private student loans to pay off now that I have graduated. My interest rates from Sallie Mae are ridiculous and a coworker recommended cuStudent Loans. They extend your payment from a 10 year loan to a 15 and offer a lower interest rate...normally. My payment is supposed to be cut in half, so is my interest rate. Seems too good to be true.

    Any comments?

    Has anyone every heard of them? Good or Bad?
     
  2.  
  3. Blue

    Blue Aficionado

    Joined:
    Nov 16, 2005
    Messages:
    3,591
    Likes Received:
    3

    Dec 19, 2013

    I have not.

    Is your loan one that accepts work at a nonprofit as a payment? My DD is seeking such a job.
     
  4. Peregrin5

    Peregrin5 Maven

    Joined:
    Aug 25, 2011
    Messages:
    5,770
    Likes Received:
    1,002

    Dec 19, 2013

    Have you tried programs like the APLE and Federal Teacher Loan Forgiveness?

    I found a number of these programs, and they'll be paying off the entirety of my loans and forgoing any interest and payments in the meantime for me. I have to work for at least 5 years for EVERYTHING to be taken care of, but there is definitely help out there if you are a math or science teacher, or teach in a high needs area.
     

Share This Page

Members Online Now

  1. Linguist92021,
  2. stephenpe,
  3. SirGawain23
Total: 220 (members: 3, guests: 197, robots: 20)
test