What are some good Student Loan Consolidation Companies?


These crooks known as Sallie Mae have screwed me. Two years ago I started receiving my student loans, and the interest rate at the time was only 2%. I even have a sheet of paper stating that.

My total in loans was $42,000.

I get my statement in the mail last week and suddenly I owe them $57,000 and they jacked up my interest rate to nearly 18%. I nearly cried. I called Sallie Mae right away stating, I cannot pay $688.00 a month it is just ludicrous.

I only have a couple more weeks to find a cheap, but very respectable loan consolidation company. My sister uses Nelnet, but they haven’t gotten back to me yet.

For all of you college graduates what is a cheap, but VERY respectable and honest Student Loan Consolidation company?

You can email me with details if you’d like.

Thank You.

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4 Comments

  1. jml167 says:

    All of my student loans were through Citibank initially, and last year I consolidated through them. They gave me a 5% interest rate which I think is very reasonable. They have also been very helpful on the phone when I had questions and they have never adjusted my interest rates without informing me first. Their website is http://www.studentloan.com and I would recommend them highly.

  2. God r says:

    Students who are looking for a student loan should pick three schools they are most interested in, talk to the admissions office, and ask what is needed to apply in their school.A bad credit