Answer by daedreamr
Talk to your bank. Most banks or credit unions have a financial broker. Just inquiry about consolidating your loans but you won’t necessarily do it through them. You can pick their brains respectively and have them make it an easier understood thing. Or you can have them print out scenarios..if the interest is this what am i paying over the long haul.. how much will it equal etc etc etc..
The notes will work like a mortgage note.. you can even put the figures into a mortgage calculator..put 0 in the down payment and place interest and you will get what you will pay monthly.. some calculators will show you what you will pay over the span of years you have decided to consolidate for..or how long it will take to pay it all out. ..and how much you will pay in total.
If you consolidate, read your papers thuroughly, have the representative explain everything and put sticky notes or notations you can understand next to each paragraph you have questions with.
Ask what happens if you have problems.. are their any back ups they can help you with …
and stay away from credit fixers…THEY ARE ALL not worth it! my opinion…
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