I started a thread yesterday asking for ideas about how to lower my rate on some loans that I reconsolidted several years ago, when rates were much higher. I didn't get an answer, but I started searching through some old threads here and found a number for a company that can sometimes reconsolidate loans. The woman told me that AES won't sell this company my loans directly, but that they can sometimes get AES loans through a two-step process. First I would have to ask the DOE to buy the loan from AES, which AES accepts (she said). My rate with the DOE would be the same. Second, I would have her company get my loan from the DOE. Assuming that this worked okay, they could then offer me two options: Either a rate of 7%, which beats my current 8.125%, or a "right rate" variaable rate that would be capped at 8.25%. I just want opinions about all of this. Does it sound legit?

I don't think they allow soliciting here (and in any case, this was no help to me).

Deleted post with the solicitation