student loan consolidation?
Sunday, August 9th, 2009 at
2:55 am
cs asked:
I’m currently comparing loan consolidation companies. Can anyone recommend a good one? Please include the amount you owe, monthly payment and interest rates. Thanks in advance.
I’m currently comparing loan consolidation companies. Can anyone recommend a good one? Please include the amount you owe, monthly payment and interest rates. Thanks in advance.
Tagged with: Consolidation Companies • Interest Rates • Student Loan Consolidation
Filed under: Student Loans
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check out this site! they’ll help you lower your student loan payments significantly.
Consolidating your student loans is a good way to lower your monthly payments and lock in a lower interest rate. One thing to note is if you have both private and federal, you aren’t going to be able to consolidate them together because they are separate programs.
For federal loans, your interest rate is based on the weighted average of your loans and will be the same starting rate with any lender you choose. The main difference between lenders are the extra incentives they offer. Some offer more upfront but then you end up paying more over the life of the loan.
A good site to compare lenders is: . This site will allow you to sort by rate, payment and total loan amount so depending on what matters most to you, you can find the best lender.
I wouldn’t recommend you consolidating your student loans until you have completed your college education. As a former financial aid professional, I always found that the William D. Ford consolidation loans always had the lowest interest rate and leave the option for you to add more loans should you chose to continue your matriculation. I have included the link in this text.
i used this site to lower my student loans a LOT! highly recommended..