unfortunately that's true. my father made sure i was the primary name on all my loans but that he was also listed so that we could both make payments. he paid while i was in school and then once i graduated i took over the rest of the payments...after the grace period and getting a full time job of course. this allowed me to consolidate all my loans except for the private one. for some reason, private loans dont allow consolidation but fortunately that was my smallest one so now i just make 2 payments for 3 loans (2 public and 1 private). however, even though i'm not making one payment, i found out the company i consolidated with allowed me to make all payments to them only and not 2 seperate institutions which helps a lot with keeping track of everything.my advice is:see if you can get all the loans put in your name since you will be paying on them. most companies have no problem changing information for the person they'll be getting money from as opposed to the person they'll be giving it to. find out which ones can be consolidated and then find a company that will take all of them, including the ones that cant (which will probably be the private one), so that no matter how many payments you have to make it will only be to one place. if you still cant get a consolidation then see if your parents can since it's already in their name. then see if they can add you to it as another person allowed to make payments. even though they wont be paying anything, at least you will be able to as if you were the primary person. if you cant do that, then send your parents the money to pay it off and at least it will still be consolidated. good luck! if i hadnt consolidated my loans, the payments would have already gone up twice in the past 3 years since i've been paying it off. thank goodness for that because i'm stuck with them for the next 10-15 years and i've already got enough bills.
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09-26-2007, 03:13 PM
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