Loan consolidation is an alternative that combines all of your federal student education loans into one brand brand brand brand new loan with one payment per month.

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Choices for Student Education Loans

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Loan Consolidation

Consolidation is highly recommended if you’re vulnerable to education loan standard.

What kinds of loans meet the criteria for consolidation?

• Many student that is federal could be consolidated – find out more
• Personal student education loans may not be consolidated however they may be refinanced

Exactly what are the advantages of consolidation?

• Simplifies your entire loan re re re payments into simply 1 payment
• Make smaller payments that are monthly
• Extend payment schedule duration
• Combine all loans to 1 fixed rate of interest

Do you know the drawbacks of consolidation? (more…)