tag:blogger.com,1999:blog-4971083762875016745.post5288254981025464872..comments2023-12-19T18:08:50.022-05:00Comments on Find me Frugal(er): A Different Student Loan SchemeAndriahttp://www.blogger.com/profile/16212214815486879965noreply@blogger.comBlogger10125tag:blogger.com,1999:blog-4971083762875016745.post-401490435689127072013-03-15T16:33:35.419-04:002013-03-15T16:33:35.419-04:00The idea of consolidation is quite good. However, ...The idea of consolidation is quite good. However, this is not for everyone, as it depends on the person's financial portfolio whether they have the ability to repay the loan. It can easily contribute to your debt problems if you are not careful and unable to meet the terms. Therefore, you must analyze first the pros and cons before you make your decision on taking it.<br /><br /><a href="http://www.sunsetpayday.com/" rel="nofollow">Eustolia Nitta</a><br />Anonymoushttps://www.blogger.com/profile/08700245159476426818noreply@blogger.comtag:blogger.com,1999:blog-4971083762875016745.post-21847440541326399252013-01-24T08:44:26.305-05:002013-01-24T08:44:26.305-05:00I did talk to them about consolidating years ago, ...I did talk to them about consolidating years ago, but, at least at that time, the interest rate I would have gotten for all loans would have been higher than leaving them all unconsolidated. I haven't looked into that again recently, but it's a good idea :) Thanks!Frugal(er)https://www.blogger.com/profile/13972354611688622400noreply@blogger.comtag:blogger.com,1999:blog-4971083762875016745.post-24189174606148451652013-01-24T08:09:29.729-05:002013-01-24T08:09:29.729-05:00Consolidating also restarts the clock. I consolida...Consolidating also restarts the clock. I consolidated and it did lower the payments, but that's because with a larger loan, they can spread it out over 20 years instead of 10. so lower payments, but 10 more years of them. Fargo Joneshttps://www.blogger.com/profile/07822739011893471090noreply@blogger.comtag:blogger.com,1999:blog-4971083762875016745.post-60983367451309117412013-01-24T02:18:31.746-05:002013-01-24T02:18:31.746-05:00Have you thought about consolidating? If they are ...Have you thought about consolidating? If they are all federal loans, then you can do it. When I consolidated my loans, the interest dropped overall, the minimum payment dropped overall, and thus more of my payment went towards my principal. Plus, it's way easier to keep track of since it's just one payment. You can call up the service line and ask them to help you figure out what your payments and interest would be if you consolidated.Nataliehttps://www.blogger.com/profile/07350957428140281603noreply@blogger.comtag:blogger.com,1999:blog-4971083762875016745.post-77103248944816230412013-01-22T11:02:09.830-05:002013-01-22T11:02:09.830-05:00Sounds like a good strategy… keep us posted! Damn ...Sounds like a good strategy… keep us posted! Damn student loans… glad I'm not alone in my frustration.Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-4971083762875016745.post-46701720681093938982013-01-21T19:09:28.648-05:002013-01-21T19:09:28.648-05:00I think since mine are all federal loans, they'...I think since mine are all federal loans, they're less horrible than your dear friend Sallie Mae. Nevertheless, I will be eagle-eyed in watching where this money gets applied and will hop right on the phone (to talk to someone with no real power) if anything looks hinky.Frugal(er)https://www.blogger.com/profile/13972354611688622400noreply@blogger.comtag:blogger.com,1999:blog-4971083762875016745.post-12601971965512286892013-01-21T19:06:39.714-05:002013-01-21T19:06:39.714-05:00HUMANS?!?!?! You're so funny, Joel :)HUMANS?!?!?! You're so funny, Joel :)Frugal(er)https://www.blogger.com/profile/13972354611688622400noreply@blogger.comtag:blogger.com,1999:blog-4971083762875016745.post-10477305465329105362013-01-21T19:03:04.214-05:002013-01-21T19:03:04.214-05:00Because they can't act like humans, can they?Because they can't act like humans, can they?Anonymoushttps://www.blogger.com/profile/09352132885203569349noreply@blogger.comtag:blogger.com,1999:blog-4971083762875016745.post-14996107390249399302013-01-21T19:01:53.525-05:002013-01-21T19:01:53.525-05:00I think back when was able to pay more I was told ...I think back when was able to pay more I was told by the loan people that I had to write "apply to principal" on there for the extra or they would just act like I paid a month early. That might be part of it? Anonymoushttps://www.blogger.com/profile/09352132885203569349noreply@blogger.comtag:blogger.com,1999:blog-4971083762875016745.post-66123422923511652362013-01-21T12:46:07.452-05:002013-01-21T12:46:07.452-05:00I think that sounds like a good plan. the interest...I think that sounds like a good plan. the interest rates for my loans are all about the same, so I tackle one at a time (as in I pay the minimum on all the other loans, and pay more on one loan until it's kaput!) Newlyweds on a Budgethttps://www.blogger.com/profile/10165059665185786849noreply@blogger.com