Private College Student Loan

anyone know much about consolidating private chase education one loans? Can you consolidate them easily through different companies? I know they dont offer consolidation except federal loans, but i was just making sure I could consolidate them through another company, like wells fargo, or somewhere. Most companies I have looked at say they can consolidate any nationally marketed private loan, but I saw something that said some cannot be consolidated if they arent 1098 E eligible? It doesnt say anythnig about that on the chase web site, or credit agreement, but I was just wondering if anyone had any experience with consolidating their private loans in general. Ive taken out a couple loans through them already...and im getting ready to graduate soon...so im doing some research. please dont tell me about federal loan consolidation...i already know about that....its a much easier process....only give advice on private loans, please!!! thank you so much!!

Anyone other than Wellsfargo & Chase still doing private student loan consolidations?.? I have a problem here and I’m hoping someone can give me some direction. I have about $50k in government backed (sub & unsub) student loans I used for my bachelors and masters. Those are now coming due and I’ve got an application into the US Dept of Ed to get a federal consolidation on them. I think that will be fine and roll into one manageable payment. BUT I also have another $70k in private education loans with a few different lenders that I needed to make up the gaps over the years. I need to consolidate those but it seems like not nearly as many lenders are doing private consolidations anymore??? I know why, the economy and credit conditions. Chase and Wellsfargo are still but I tried and they both denied me saying my debt to income ratio is bad. I have like a 750 credit score and about $60k a year in income and beyond these education loans though I have a small under $15k car loan and that’s it, no credit cards?? The several different payments spread out on these private ones are high and killing me. Does anyone know what I can do or where I can turn?? It looks like the Dept of Ed won't touch private loans either, tried that avenue...Thanks.

Which is the best to take out a loan from? I am a college student and i am going to have to take out a loan for next semester. This is the first time I have ever did anything like this and I dont know who to take the loan from. My college has a couple of private lenders listed like the Academic Answer Loan from Suntrust, Chase Private student loan (non-certified), Sallie Mae Education Trust, Chase Select Private Loan, Sallie Mae tuition answer (non-certified), wells fargo colligiate loan, discover private education loans, wells fargo education connection loan (non-certified), discover private education loan, and CitiAssist Loan. Which one should i choose? Would it be better if it was non-certified?

Private loans vs. Federal Plus Loans? I've already exhausted Stafford loan options and grants. To make up the rest of the money for school my parents and I are trying to decide between Federal Plus and private education loans. We sent in an application for a private loan with Chase and got conditionally approved for a interest rate of 8.5% which is about the same as the PLUS. It would be really helpful if we weren't forced to start making payments right away since I have a brother going to school at the same time and another brother who just graduated and my parents have a mortgage to pay as well. But is there anything I should be worrying about with the private loan?

Why did they charge me for this in my student loan? I got a private education loan from CHASE last week for the amount of $22K. I received the check, and I deposited into my checking account. I still haven't touched a penny from my deposit. Today I received my disclosure statement and it says I have a 6% rate but there is a $19,000 FINANCE CHARGE and it says that it is the dollar amount that the credit will cost me!!! So I have to pay $43K now. Since I haven't touched the money I wanna give it back and cancel it, because I was never aware of that finance charge. What would you recommend?

How can I consolidate my private student loans? I recently graduated, and I'm trying to consolidate my student loans and reduce my overall monthly debt. I know that I can easily consolidate my federal loans, and I save quite a bit of money, and the actual cost is quite minimal in the long run. However, I have several private school loans (Chase, Wells Fargo etc) that I would like to consolidate. The sites/companies that had decent terms no longer offer private loan consolidation due the to new Education Reform. I looked into the Education Reform briefly and saw that it increases the loan and grant amounts for the government loans, however, I don't see anything that helps out recent graduates, or people with existing loans. Anyone know of anything in the Education Reform that may help me out, or can recommend any company to consolidate my private student loans.

Do I need to re-apply if I want another student loan from the same company my other student loan is from? When I first got into college a couple years ago, I applied for a loan through Chase and was approved. Now that money's run out, and I need more money to pay for my education. I also get the Federal loans, but they're not that much and this year at my school tuition skyrocketed so I was left with no money to buy my books or anything after my tuition was paid with those loans. I also don't get grants and or scholarships (believe me, I've tried) and my parents are so broke they're THIS CLOSE to losing their house :(. I want to get another private loan from Chase, but since I already applied and was approved for one loan, do I have to re-apply again? Or can I just call them up and say I want to take out more money? They used to send me things in the mail all the time asking me if I wanted to borrow more money, but I haven't gotten one in a while...

Getting out of a loan I should not of been qualified for? Two years ago, when I was in college, I applied for two private loans through chase. One was for 8K and the other was for 10K. (And yes I realize I was young a stupid for taking out loans. But I had to to cover the cost of my education.) Anyway, I applied without a cosigner and I had little to no credit history and I was only making about $600 a month at my on campus job. My question is, do I have any kind of ground to have these loans taken away due to the fact that I should not of been approved for them in the first place? Clearly I should not of qualified for due to the fact I didn't have a cosigner, I wasn't making enough money, and I did not have credit history. Please help.

Help with private student loans!!! I'm graduating this may and I don't know what do with my private loans.? Okay, so I was a complete idiot when financing my education and now have a staggering amount of student loan debt, both federal but mainly private. I will be attending graduate school full-time in the fall and will NOT be able to afford my student loan payments. I feel so overwhelmed and trapped, can anyone PLEASE help in guiding me what to do. I've found plenty of information online about consolidating federal loans but am stuck with private. The loans are from Sallie Mae and Chase. Is it possible to defer private undergraduate loans while a full-time graduate student? Can I still consolidate private loans? If so, is it tough to get without a cosigner (a problem that has burdened me with outrageous interest rates throughout my education). Can you defer a consolidated private loan while in graduate school? What should I do?! Seriously, I'm so stressed about this problem it's making me sick. Please, only helpful answers-I know I was an idiot for putting myself in this situation, and I know I need to pay these loans back....I'm just trying to figure out how. : (

How can I get a private student loan ? I have already tried with Sallie Mae and Chase bank and they didn't approve me. I dunno why,ecause my mom and I have good credit. We only make like 25000 a year or maybe a little more or less. My mom was my cosigner and the other person that I knew could help me get this because he earns good and has good credit doesnt want to be my cosigner. I need to borrow $21089. What companies are good for this? I really need the loan and I really wanna go to this school next month. If chase and Sallie Mae didn't accept me, should I expect the same response from other places? why can't I be my own cosigner r something? I'm not planning to rip off any company, I will be way more than happy to pay them back after I complete my education which is really important ffor me

Private student loans...bad credit? I applied for a chase select loan today and my application was denied...I got a loan from them my last two years of college but since then my financial situation has changed. I have a credit card that I'm a few payments behind on...I know...bad, but I'm starting a payment program on the card this month. But my cosigner has excellent credit.I don't know if the credit card is the reason why I was denied, they wouldn't tell me over the phone, I'm supposed to get a letter in about a week. I'm already getting Stafford loans and NYS TAP grant. Without the loan, there's no way I can pay for my education. So my question is do you guys know of any banks who are more lenient about the student's credit. Would it help to discuss my situation with the bank? Also NYS has another student loan called NYSHELP, does anyone have experience with that loan, do they expect your family's income level to be pretty low?

questions about loans? i have a private student loan with Chase Student loans, I was wondering if it was a secured loan? and the same with American Education Services..is this secured or unsecured loans?? Thank u!!!

Does anyone else think student loans should be written off? in bankruptcy just like credit cards and other debt? So shopoholics and gamblers can get off the hook but law abiding citizens who pursue higher education can't? I'm not talking about federal backed loans, I'm talking about private student loans from places like CHASE, JP Morgan etc.

What do I do about my financial burden? *sigh* I don't know where to begin. It's a long story.... I will be a undergrad freshmen( I hope)and want to go to an out-of-state private university. To make this portion of my story short, I applied, and got in. In fact, it's the only school that accepted me. I did my FAFSA early and finds out that with all my scholarship money, grant money and federal stafford loans (both sub. and unsub) I STILL don't have enough to finance my education! So I started to apply for private loans from companies such as Sallie Mae and Chase Bank. I'm approved for the sallie mae loan, but my cosigner isn't. In fact, it seems as if my ENTIRE family has bad credit, because they keep getting denied their cosigner portion of the loan -_- And I don't have any credit either.I can't apply to any other schools because I am literally broke, as in I can't afford to pay the college's admission fee, and I can't get a fee waiver. At the moment I am applying for every job under the sky, but with the economy, I'm just going to leave it at that. When I try to sit and down and talk to my mother about this she's gets very defensive, starts yelling at me and talking over me. She keeps telling me that "God got it", now; no offense to any believers out there since my intentions are not to start a riot or hateful forum, I just feel that I am a Realistic person. And let's be honest, when it's time to pay the bills, no one would EVER tell their bill collectors that "God has it". *sigh* I am literally at my breaking point. I'm an 18 year old female with-out any help from almsot anybody (I will also be the first in my family to go to college... If I make it there in the first place) and I am sick of talking some people who don't know what the fudge they are talking about and with bad credit. My question to you all is what do I do or what CAN I do or is there anyway to apply for a private student loan with-out a cosigner? I feel like I really need help with this financial hardship because I have been stressing out every minute, and the stress is starting to feel like I'm having mini anxiety attacks. Thank You for reading and reviewing my question.

What should I do with my life? I was forced to drop out of college with only 1.5 credits remaining due to financial issues. The Private loan company which I was using, chase, decided that I did not qualify for their student loans any longer due to my parents financial situation. I still had 2 full years remaining when they stopped paying for my education, so I was forced to use the governments financial aide loans, which I have now racked up more than $40,000 with, on top of the $100,000 i borrowed from chase. I was forced to move away from the school because there was no work in the city or all of Oregon for that matter and I was desperate to start making payments on my loans. I was forced to move back home and still can't find any decent work other than part time minimum wage which is only $7.36 here in colorado. I have been unemployed for about a year, and have 2 loans in default, but I am making sure to pay my credit card payments on time. I am just about out of money, and still have no job prospects. Even if I were to take a minimum wage job here I wouldn't make enough to pay all of my bills... I am very lost in life and have no clue what to do. I would like to finish school, but see no way I can without financial aide and a job. I have attempted to contact all of the History professors at both the University I attended and the Local University here in Colorado asking for work; whether it be cleaning their office or helping with research, and have had no positive result. My parents are just as strapped for cash as I am, my mother is working 3 jobs and barley making enough to feed herself let alone me, and my father is a jeweler who has been out of work for some time due to large jewelry chains like zales and walmart. I have a girlfriend in Oregon who I was forced to leave, and now have been desperately trying to find short term work so that I can quickly pay my credit card bills and move back with her in Oregon. She means the world to me and not being able to see here is like being trapped in hell. My life is falling apart, I need some advice... What should I do? Where should I look for work? Is there anything I can do to pay off these credit card bills fast so I can see my girl friend again? any advice would be greatly accepted!

Do I need to re-apply if I want another student loan from the same company my other student loan is from? When I first got into college a couple years ago, I applied for a loan through Chase and was approved. Now that money's run out, and I need more money to pay for my education. I also get the Federal loans, but they're not that much and this year at my school tuition skyrocketed so I was left with no money to buy my books or anything after my tuition was paid with those loans. I also don't get grants and or scholarships (believe me, I've tried) and my parents are so broke they're THIS CLOSE to losing their house :(. I want to get another private loan from Chase, but since I already applied and was approved for one loan, do I have to re-apply again? Or can I just call them up and say I want to take out more money? They used to send me things in the mail all the time asking me if I wanted to borrow more money, but I haven't gotten one in a while...

Which Bank should I pick for a private student loan (read info)? Im goin to borrow somewhere between 12k & 13k and these are my options... -----Fifth Third Bank----- Benefits * Save more than $8,000 over traditional 15-year private payment-deferred student loans, putting you on the fast track to financial success1 * Competitive interest rates that reward good credit * No disbursement or repayment fees * Smart RewardSM- receive a 2% reward in your Upromise account each month-just for making the scheduled monthly payments on time2 * A 0.25 percentage point interest rate reduction is available while enrolled in monthly recurring automatic debit3 * Loan amounts up to your total education cost after scholarships, grants, and federal aid4 * Applying with a creditworthy cosigner may help you qualify for and/or receive a lower interest rate * You can apply to release your cosigner just 12 months after the separation period5 ------Sun Trust------ Benefits * NO FEES. * SunTrust Graduation Reward - $300 principal reduction on each SunTrust Academic Answer loan upon graduation Proof of graduation (copy of diploma or final transcript) must be submitted within 90 days of graduation. * Six-month grace period after graduating or dropping below half-time enrollment. * No payments required during in-school period. * Interest rates start at 1-month LIBOR + 3.75%. * Lower your interest rate by 0.25% when you choose to have your payments automatically deducted from your personal bank account. * Cosigner release option available after 48 consecutive on-time principal and interest payments (borrower must meet credit guidelines at time of request). * Borrow up to the cost of education minus financial aid received. * Up to 15 years to repay. * Satisfactory Academic Progress is not required. ------- Chase ------- Benefits * No origination or repayment fees.. * A 0.25% interest rate reduction for borrowers who have their monthly payments automatically deducted from a bank account. *. * Competitive interest rates.. * In many cases, lower rates may be obtained by applying with a qualified cosigner.. * Cosigner release option available after 36 on-time consecutive payments.**. * No payments required while in school.. * This information was current as of March 23, 2010 and is subject to change. You can find interest rate, fee and other cost information, as applicable, at -------Wells Fargo ----- Benefits * No payments are required while a student is in school and for up to six months after graduation or leaving school * 0.50% interest rate reduction at repayment upon verification of graduation with the Wells Fargo Student Graduation BenefitSM Program (effective for loans disbursed on or after July 1, 2008). * 0.25% interest rate reduction at repayment when Wells Fargo automatically withdraws payments from a personal checking or savings account - discount is removed if automatic payments are cancelled (effective for loans disbursed on or after July 1, 2008). * No origination, disbursement or repayment fees * Combined billing for federal and private loans * One place for all your financial needs * Cosigner release after the first 24 consecutive monthly payments are received on time – minimum credit guidelines must be met at the time of the request * Convenient online and phone application with instant credit decisions Wells Fargo reserves the right to discontinue or modify our rewards for future disbursements at any time without notice * .Most students will require a cosigner - apply together to speed up the application process. i already got federal loans (subsidized and unsubsidized) and its not enough, hence the private loan