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Old 04-26-2007, 11:54 AM   #1
MorLee1
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Join Date: Jun 2006
Posts: 15
Exclamation Info To Gather BEFORE You Consolidate

To avoid getting scammed when consolidating your student loans, make sure you have all of your ducks in a row and all of your loan info. To get a consolidation loan:

You will need to provide some basic demographic information including:

• Name
• Address
• Phone Number
• Social Security Number
• Date of Birth
• Drivers License Number

You will also need to provide a list of all of your education loans including:

• Type of each loan (Stafford Subsidized, Stafford Unsubsidized, etc)
• Name of your current lender for each loan
• Your current Interest rate for each loan
• Your outstanding loan balance for each loan

If you don’t have your loan info, you can look it up on the National Student Loan Database System (NSLDS) using your FAFSA pin. If you don’t have your FAFSA pin, call the company you want to consolidate your loans and they can help you. For a list of reputable consolidation companies: Best Student Loan Consolidation Lenders

You will need to provide information for two references including:

• Name
• Address
• Phone number

Last edited by MorLee1 : 05-04-2007 at 09:47 AM.
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