I proposed you do the refinance of my tyro loans before to October 1 though there been the lot of "needing some-more information" given of thier mistakes as well as the association is starting to unequivocally have me angry.
I longed for to terminate the focus as well as begin over. They pronounced if we did which we would not be means to refinance given we have reduction than 20,000 in debt as well as the manners altered given Oct. 1.
I only wish to know if it is the supervision charge or this companies'?
i work for a consolidation company.
first of all the only thing that changed Oct 1 are the interest rate reductions, before you could get at least 1.25% off, now you can maybe get a .25% off. That whole thing about the 20,000 is probably the companies minumum balance to consolidate. after you sign a consolidation application you have 60 day appox. to cancel, once the debt is paid or "funded" you cant cancel, so I would get there fax number asap and fax in writing that you want the application cancelled.
what the goverment mandates are things like the intrest rate, when you are eligble to consolidate things like that.
The company I work for is Academic Financial Solutions, if you want to give us a call we will be happy to consolidate the loans for you and answer any other questions you have.
866-416-6333
http://www.academicfinancial.com
-good luck
athena