Consol'd Stu Loans: Defer/Forbear?

Discussion in 'Credit Talk' started by cnoob, Feb 2, 2004.

  1. cnoob

    cnoob Well-Known Member

    I keep getting letters from Sallie Mae suggesting that I consolidate my student loans.

    I'd like to do it if that will roll all of my little loans into one loan on my report so it doesn't look like I have 5 loans.

    My question is, will I still be able to forbear with ease? My interest rate is pretty low as it is right now. I don't want to shoot myself in the foot with this.
     
  2. vanili

    vanili Well-Known Member

    Call and ask. I consolidated but not with SAllie Mae. Consolidating actually gave me more forbearance time available.
     
  3. gmaof1

    gmaof1 Well-Known Member

    I consolidated with Sallie Mae in Nov. 03 and was still able to defer/for -
     

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