Who has consolidated their student loans?

[The Forms]

I graduated college in december, so I'm getting into repayment on my loans (roughly 20,000 bucks worth).

I need to consolidate because my rates are silly, and I have money taken out from 3 different lenders. I started doing some internet research about this, and I can't make sense of any of it. The rates these companies offer is all over the place. Some reputable lenders are at 4.5, but then some companies I've never heard of are at like 2 something.

So has anyone here gone through this mess, and do you have any suggestions about how I should go about doing this thing?

 

[Wiesman44]

4.5% ? Are you sure ?


I'm a banker for Chase Bank, and our best student loans are .50% above prime........meaning 8.75%. I actually haven't seen any rates below prime, but then again I'm out of school.


If you an find 4.5%, which i doubt you can, consolidate right away

 

[Francisco d'Anconia]

4.5% ? Are you sure ?


I'm a banker for Chase Bank, and our best student loans are .50% above prime........meaning 8.75%. I actually haven't seen any rates below prime, but then again I'm out of school.


If you an find 4.5%, which i doubt you can, consolidate right away

I've seen Federal student loan consolidations for 4.5% for the life of the loan. With that said Forms, make sure that whatever you find doesn't charge any fees nor is just an introductory rate.