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re: Anyone have experience consolidating student loans through a credit union?

Posted on 7/7/14 at 11:55 am to
Posted by Old Hellen Yeller
New Orleans
Member since Jan 2014
9423 posts
Posted on 7/7/14 at 11:55 am to
Unless the private rate is significantly better I would keep the Fedloans with the government, if only for how flexible they are on repayment terms, forbearance, deferments, forgiveness, etc. Not saying you will ever need it, but it's nice to know it's an option if the worst happens.
Posted by Joshjrn
Baton Rouge
Member since Dec 2008
27369 posts
Posted on 7/7/14 at 12:42 pm to
That, plus having the loans separate does wonders for your credit score as you pay them down.
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