4 thoughts on “Even Though You Can Not Consolidate Federal and Private Loans, What Is the Best Way to Pay Off These Loans?”

1. I would let the interest rate choose. If you can get a loan to pay off both which has a lower rate than either, you force want to as it will save you money and leave you with only one payment. If you do not get a better rate and have to keep both loans, focus on paying off the loan with the higher rate of the two first, as that is costing you more money.

2. You can’t apply for “one loan” because as you have already stated, you can’t combine (consolidate) the two. And it is inadvisable to go out and get a regular bank (signature) loan because then you don’t get any of the benefits of the student loans such as being able to deduct the interest on your taxes. Mandatory leniency and forgiveness policies come in very handy! Esp if you were to become disabled or die.

3. Its depend, but for better answer you could find any info about loans on

   Thanks,>

4. Whenever I am in need of some quick cash, I use this service called Smart Term Loans. Theyll loan you money for jewelry and other valuables. When you pay your loan back, they send your material back. Its been a pretty huge life saver for me…