Student Loans
QWhy Should I Consolidate My Loans?
ALoan consolidation allows you to refinance federal student loans totaling at least $7,500. Your existing lenders are paid in full and a new loan for the combined balance is originated, for a new term, and often at a new interest rate. Some of the benefits of consolidating your loans are: 1. Lower your monthly payments by up to 60% 2. Experience no fees and no credit check 3. Lock rates as low as 2.875% for the life of the loan 4. Pay your loan early with no penalties 5. Extend your repayment period up to 30 years 6. Have a convenient single source of student loan repayment