I’ve been waiting for a response for the federal government for over two years! I’ve written them twice and they just respond that they’ll get to it when they get to it.
I was on the Income based- driven for about 8 years, now. My loan servicer was the only ones I could get in touch with. I cslled them 3 times, tonight. The second one said to get the SAVE plan and consolidate them before midnight on April 30, 2024. Did I pick the wrong plan for my direct loans?
The April 30 deadline was extended to June 30. You’d have to do a strategy session with us about what plan to select, tips to reduce your SAVE or other plan payment and what to expect etc?
Do you know if the DoE “looks through” a previously consolidated direct loan (2012) to the earliest date repayment started on the loans that were originally consolidated (2005)? Thx!
Can you kindly advise me on this. My college came up on the predatory loan list and I filled out all of the necessary paperwork and heard nothing else back. DoI do? Thank you
Sallie Mae is no longer considered a government loan servicer but private. Just realized that. Will one be able to transfer the loan to a government loan by April 30th and soon after graduate May 2025?
i looked into this too - the only commercial loans you can consolidate are Commercial FFEL loans. If you have Sallie Mae loans currently that means they are private loans and do not qualify to consolidate since its private and not under the federal govnt. I just did my consolidated my federal loans w/out the sallie mae loan since I cant include that one.. I may have to move the sallie mae to another private company with a lower rate and would need good credit for that :(
I’ve been waiting for a response for the federal government for over two years! I’ve written them twice and they just respond that they’ll get to it when they get to it.
It is May 1, 2024. April 30 was yesterday. How is this relevant if the deadline is already missed?
They extended to deadline now to June 30. It was extended after the fact.
I was on the Income based- driven for about 8 years, now. My loan servicer was the only ones I could get in touch with. I cslled them 3 times, tonight. The second one said to get the SAVE plan and consolidate them before midnight on April 30, 2024. Did I pick the wrong plan for my direct loans?
The April 30 deadline was extended to June 30. You’d have to do a strategy session with us about what plan to select, tips to reduce your SAVE or other plan payment and what to expect etc?
TY
Clear, concise, and to the point! Thank you!
Glad it was helpful!
Do you know if the DoE “looks through” a previously consolidated direct loan (2012) to the earliest date repayment started on the loans that were originally consolidated (2005)? Thx!
Yes!
Where do you apply for a consolidation application?
See our blog today - ArkovichLaw.com - hit blog.
Can you kindly advise me on this. My college came up on the predatory loan list and I filled out all of the necessary paperwork and heard nothing else back. DoI do? Thank you
If you'd like a strategy session on your particular situation, please call or email us. 813-258-2808; info@christiearkovich.com.
I’ve been waiting for responses for over two years on this. Contacted them twice and they just tell me there’s a long queue.
Sallie Mae is no longer considered a government loan servicer but private. Just realized that. Will one be able to transfer the loan to a government loan by April 30th and soon after graduate May 2025?
i looked into this too - the only commercial loans you can consolidate are Commercial FFEL loans. If you have Sallie Mae loans currently that means they are private loans and do not qualify to consolidate since its private and not under the federal govnt. I just did my consolidated my federal loans w/out the sallie mae loan since I cant include that one.. I may have to move the sallie mae to another private company with a lower rate and would need good credit for that :(
I’m already approved for the SAVE plan, left school around 2019. Do I need to apply?