Continue making regular payments as scheduled on your loans until you receive confirmation that your consolidation loan has gone through.
The federal government lowers your interest rate if you consolidate these during the grace period.
However, you have to start making payments right after the consolidation is processed, so you should wait until near the end of the grace period so that you don't have to start making payments much sooner than you ordinarily would have.
Earnest offers personal loans and loan refinancing, like many companies on this list, but they don't rely strictly on credit scores and debt ratios.
They have a proprietary algorithm that takes into consideration around a hundred thousand data points that include education, spending and saving habits.
Call or visit the websites of popular lenders for private student loans, including Sallie Mae, Chase, Wells Fargo, Next Student or Student Loan Network, to determine which organization has lowest interest rates, origination fees and other loan terms. If you have a co-signer, he needs to complete part of the application as well.
In general, you will need to know the name of each lending company at which you have a private student loan, your account numbers and the balances on your loans.
Contact your current lenders to get this information.
In college, I was required to live in campus housing for my entire Freshman year. We were in the basement floor, affectionately called the Donner Dungeon.
They are a full-service bank that offers student loans, mortgages, personal loans, and other banking products.
It just so happens they are also one of the leaders in student loans as well.
Earnest was acquired by Navient in 2017 and they have an agreement where they cannot refinance Sallie Mae loans until 12/31/2018 (which has since expired).