Tears4Joy
New Member
Cash: $ 0.70
Posts: 3
Joined: 02 Jul 2010
Location: PA
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| Student Loan |
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Not sure what to do....
My Fiance currently has a private student loan for nearly $7,500 with rate of 18%. His monthly payment is about $235.
I feel that the 18% is a bit steep. Any ideas on what we could do to lower the interest rate?
The loan is from Genesis lending.
I believe he has been with the lender for about a year and a half.
Both of us are young with little to no credit. Tried consolidating with Wells Fargo and he was denied. Tried under by name and I need a co-signer and unable to get one.
Any helpful ideas would be nice.
thanks
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Thu Dec 02, 2010 3:52 am |
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coaster
Senior Advisor
Cash: $ 1357.80
Posts: 6686
Joined: 11 Oct 2005
Location: Wisconsin
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That interest rate should be criminal. 
This is a case where parents to cosign would be the best solution, but I assume you've already tried that route. I'm sorry I can't think of anything else right off the top.....
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Thu Dec 02, 2010 5:04 pm |
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iwillguide
Preferred Member
Cash: $ 33.00
Posts: 164
Joined: 09 Jun 2009
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The interest rate is very high.is it through private lending service?i heard there are some agents who provide debt consolidation.i think it will help you to lower the debt.i don't know much about that program but lot of people use it there.
payday loan sites | real payday loans
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Sat Dec 11, 2010 9:10 am |
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jeffreyrayenz
New Member
Cash: $ 1.00
Posts: 5
Joined: 14 Dec 2010
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Lenders and student loan consolidation unsecured loan made by the government underwriting assistance. The government assistance, student loans are not feasible, no. Lenders and loan money that you will find other profitable arenas. Date with sufficient financial and reasonable manner without the help of a parent - a low-interest student loans to anyone will be able to. Like any government sponsored program, there are rules and regulations dealing with bureaucracy. In the case of student loan red tape, financial aid (federal student aid free application) to get everything starts with a form called.
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Tue Dec 14, 2010 11:33 am |
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jarniviabroune
New Member
Cash: $ 1.00
Posts: 4
Joined: 18 Dec 2010
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Lenders and student loan consolidation unsecured loans made by the government underwriting assistance. And government assistance, student loans are not feasible, no. Money lenders and loan that you will find other arenas profitable. Date with sufficient financial and reasonable manner without the help of a parent - and low-interest student loans to be able to any person. Like any government-sponsored program, there are rules and regulations dealing with the bureaucracy. In the case of student loan red tape, and financial aid (federal aid application free student) to get everything starts with a form called.
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Sat Dec 18, 2010 10:01 am |
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Lisa Smith
New Member
Cash: $ 1.60
Posts: 8
Joined: 21 Dec 2010
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Search for good and reputed loan lenders and have student loan. but confirm through the interest rates and other details.
lenders for payday loans | loans till payday
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Wed Dec 22, 2010 11:49 am |
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Mkatz78
New Member
Cash: $ 1.00
Posts: 5
Joined: 21 Jan 2011
Location: Phoenix
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Try contacting Genesis Landing and ask them what you could do to lower the interest rate. Whatever they tell you, try to abide by what they say. If they say nothing, contact a 3rd party lender and ask their advice. They might be able to help you get out of it and switch to them with a lower interest rate.
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Fri Jan 21, 2011 4:24 pm |
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