Fed Financial
Confused about consolidating loans...help me!?
I have two private student loans through Chase, and the interest on them is killing me! Is it possible to consolidate them, even though they are through the same company? And if so, how do I do it? What should I look for? Is it even worth it? I'm so confused =( Thanks in advance!
Public Comments
- The only reason consolidating will help you is if you can get a lower rate on one or both of the current loans. You have not provided enough info for me to explore your options. You need to be worried about the interest rate you are paying, if you have two loans at 8%, consolidating them into one loan at 8% wont help you, the interest will be the same. Sorry I could not be of more help.
