Ask Terry Questions college loans repayment

college loans repayment

By Terry Savage on September 29, 2013 | College Savings / Student Loans

how can I combine them to one. Private & Federal Loans ?
Thank You I missed the website you had given on wgn news this morning. Thank you so much for all your help with this matter. Looking forward to your reply.

SAVAGE SAYS:You can’t combine the two types of loans.  What I mentioned on TV is that if you have a Federal student loan, you can use the Income Based Repayment plan.  Go to to learn more.  Private lenders aren’t likely to be as flexible, since they know you cannot default on a student loan!  But some will give you a lower rate if you agree to an automatic debit every month to pay your loan.

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