http://www.debtstreamline.com Helping you manage your student loan debt Mon, 11 Jan 2010 23:35:09 +0000 http://backend.userland.com/rss092 en You can apply for a government consolidation loan anytime during the grace period or the repayment period (though not while actually in school). However, it may be to your advantage to apply during your grace period. At this time, the lower in-school interest rate would be applied to estimate the ... http://www.debtstreamline.com/student-consolidation-loan/when-to-consolidate-your-student-loans/ There's one important truth when it comes to student loans – there's no hiding from them.  Extreme though it may sound, school loans can't be discharged through bankruptcy, and if you fail to make your payments the consequences can be quite serious. They can involve poor credit ratings, garnishment of ... http://www.debtstreamline.com/student-consolidation-loan/you-cant-hide-from-student-loans/ If you left college for family, career or financial reasons before completing your education, you may well want to return in the future to finish getting your qualification, or indeed to study further. However, if you fail to pay on your student loans while out of school, you may find ... http://www.debtstreamline.com/debt-consolidation/keeping-student-loans-current-makes-returning-to-school-a-possibility/ By carrying out a successful loan consolidation, you can not only reduce your total interest paid in the long term, but can also improve your credit score. A good credit score is very important when you are looking for a job (employers sometimes check your credit and don't want to see ... http://www.debtstreamline.com/credit-score/can-student-loan-consolidation-improve-your-credit-score/ You probably have a series of student loans which started out with different interest rates, some higher, some lower. If they have variable rates then the interest will change as the bank rates change. While you might have received a loan at 3.75% to begin with, the rate will actually ... http://www.debtstreamline.com/student-consolidation-loan/how-to-save-on-interest-by-consolidating-your-student-loans/ Student loan consolidation can be very useful in certain circumstances. Here are some of the factors to consider: Interest Savings – if your loans are at higher rates than those available currently on a consolidation loan, you may benefit from the lower rates. Improved Credit Score – reducing the number of your ... http://www.debtstreamline.com/student-consolidation-loan/advantages-of-student-consolidation-loans/ Student loan consolidation is a process whereby multiple loans are combined into a single loan so that the monthly payment amount is reduced, or the repayment period is increased. There may be a variety of reasons why you might consider consolidating your student loans – some may be related to a ... http://www.debtstreamline.com/consolidation-debt-help/what-is-student-loan-consolidation/ If you're having trouble paying back your student loans, you may well have credit card debt as well. Consolidating your credit card debt can be a good strategy to get out from under it, IF you can manage to stop using the cards. If you're in a hole, the first thing ... http://www.debtstreamline.com/consolidate-credit-cards/tips-on-credit-card-consolidation-loans/ Before you decide how to deal with your debt problem, and before deciding on a student consolidation loan, it's a good idea to get some expert advice, free or paid - in person, not from a website, so the counselor can look at your exact situation and give you the ... http://www.debtstreamline.com/consolidation-debt-help/free-creditdebt-counseling/ Debt consolidation when you have poor credit is more difficult, and if you're in a situation where you need debt consolidation your credit may well be damaged already. In this case you will probably need to get a secured loan. One way to do this if you own a house is ... http://www.debtstreamline.com/consolidation-debt-help/bad-credit-debt-consolidation-loan/