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Debt Relief – Insolvency – Bankruptcy Information » Student Loan Help » What is the interest rate for private student loan consolidation at SallieMae?

What is the interest rate for private student loan consolidation at SallieMae?

http://www.salliemae.com/after_graduation/manage_your_loans/consolidate_student_loans/private/private.htm

Their website says the following:

Interest rate: Interest rates are variable and reset monthly.
Private student loans, not federal loans. I found the answer on their site. It’s Prime (8.26% today) plus 0-6% depending on credit worthiness, changing monthly.

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2 Responses to "What is the interest rate for private student loan consolidation at SallieMae?"

  1. Nena says:
    If you consolidate, it’s stays at what the rate is for what it is at the moment of your consolidation. I just did mine and it is about 6.25%, and by consolidating, you lock in your rate. :) Hope it helps!
  2. queen of black ppl says:
    go for a private sallie mae loan. it is easier. the money is sent directly to you rather than the school.

    http://www.tuitionanswer.com

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