Comments on: How can i combine my credit card debt and my cost of tuition into one loan? http://www.credit--carddebt.com/how-can-i-combine-my-credit-card-debt-and-my-cost-of-tuition-into-one-loan/ Debt can ruin your life Fri, 20 Aug 2010 20:00:34 -0400 http://wordpress.org/?v=2.8.4 hourly 1 By: netdebt1 http://www.credit--carddebt.com/how-can-i-combine-my-credit-card-debt-and-my-cost-of-tuition-into-one-loan/comment-page-1/#comment-172 netdebt1 Tue, 15 Dec 2009 18:22:20 +0000 http://www.credit--carddebt.com/how-can-i-combine-my-credit-card-debt-and-my-cost-of-tuition-into-one-loan/#comment-172 Your best bet it so apply for as much student debt as possible and pay your credit cards of separately. I am not aware of any consolidation options. Student debt is generally tax deductable and at a lower interest rate. Also look into free money...scholarships. Your best bet it so apply for as much student debt as possible and pay your credit cards of separately. I am not aware of any consolidation options. Student debt is generally tax deductable and at a lower interest rate.

Also look into free money…scholarships.

]]> By: Pamela http://www.credit--carddebt.com/how-can-i-combine-my-credit-card-debt-and-my-cost-of-tuition-into-one-loan/comment-page-1/#comment-171 Pamela Sun, 13 Dec 2009 21:24:03 +0000 http://www.credit--carddebt.com/how-can-i-combine-my-credit-card-debt-and-my-cost-of-tuition-into-one-loan/#comment-171 You have credit card debt, and you wan to pay it off as quickly as you can. We will assume that you are going to stop creating more debt. You have changed your ways. You also understand that paying credit card!--balances with a consolidation loan or rolling it into a mortgage isn't paying it off. In fact, paying a lower interest rate, but paying on the debt for many more years, usually means paying much more, not less.Okay, so you really want to be rid of that credit card debt. First, you have to understand that not all debt is the same. Of course you know this. Some of your cards have a higher interest rate than others.Find and budget the money to start paying down those balances. If you order pizza every week, for example, you may be spending $60 or $80 per month right there--If you are serious about getting those debts paid, you may have to eat $4 frozen pizzas for now. Do what you have to do, and determine how much you can apply towards the debt each month. You have credit card debt, and you wan to pay it off as quickly as you can. We will assume that you are going to stop creating more debt. You have changed your ways. You also understand that paying credit card!–balances with a consolidation loan or rolling it into a mortgage isn’t paying it off. In fact, paying a lower interest rate, but paying on the debt for many more years, usually means paying much more, not less.Okay, so you really want to be rid of that credit card debt.

First, you have to understand that not all debt is the same. Of course you know this. Some of your cards have a higher interest rate than others.Find and budget the money to start paying down those balances. If you order pizza every week, for example, you may be spending $60 or $80 per month right there–If you are serious about getting those debts paid, you may have to eat $4 frozen pizzas for now. Do what you have to do, and determine how much you can apply towards the debt each month.

]]> By: Found-1 http://www.credit--carddebt.com/how-can-i-combine-my-credit-card-debt-and-my-cost-of-tuition-into-one-loan/comment-page-1/#comment-170 Found-1 Sat, 12 Dec 2009 01:43:48 +0000 http://www.credit--carddebt.com/how-can-i-combine-my-credit-card-debt-and-my-cost-of-tuition-into-one-loan/#comment-170 apply for federal student loans at But be aware, you are limited to borrowing no more than the published cost of attendance of your school minus your EFC amount. (The cost of attendance is more than the cost of tuition). Also the money is given to your school and divided in half. You would get half your loan in the fall and half in the spring. Here is a good book listing the interest rates and the max amounts you can borrow. pg 9 and 11. Plus the different types of grants and such. Privately funded student loans (outside fafsa) are a bad idea. Higher interest rates, high fees, not to mention you will have to get a cosigner. apply for federal student loans at

But be aware, you are limited to borrowing no more than the published cost of attendance of your school minus your EFC amount. (The cost of attendance is more than the cost of tuition). Also the money is given to your school and divided in half. You would get half your loan in the fall and half in the spring.

Here is a good book listing the interest rates and the max amounts you can borrow. pg 9 and 11. Plus the different types of grants and such.

Privately funded student loans (outside fafsa) are a bad idea. Higher interest rates, high fees, not to mention you will have to get a cosigner.

]]> By: John B http://www.credit--carddebt.com/how-can-i-combine-my-credit-card-debt-and-my-cost-of-tuition-into-one-loan/comment-page-1/#comment-169 John B Wed, 09 Dec 2009 23:09:26 +0000 http://www.credit--carddebt.com/how-can-i-combine-my-credit-card-debt-and-my-cost-of-tuition-into-one-loan/#comment-169 Your school has financial help available. Go ask them, they have alot of options available. Your school has financial help available. Go ask them, they have alot of options available.

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