The interest rate will also be fixed at the current Federal Direct loan rate.Are you tired of managing multiple federal student loan payments, with multiple interest rates or multiple servicers? The program may allow you to consolidate your federal loans into one, and select the consolidation servicer of your choice.Our expert representatives have access to your latest student loan information and understand all of your options.Learn more about the free services available to you.
Three of them are Federal student loans and two of them are private. Here is what you need to know about consolidating and refinancing your Federal and private student loans together.
By combining your loans into a single loan, you can have one single bill, and you may even be able to lower your payments.
When you consolidate your Federal student loans, you go through the Direct Consolidation Loan program.
While this company does charge a fee for their service, talking to them over the phone is free, and you should be able to get at least some basic information from their experts without having to spend any money.
If you do choose to use them in the end, their average cost is not that high (a couple hundred dollars) and absolutely comparable to the rates you’d pay from other similar services, and I trust them to take good care of the people I send there.Don't Pay for Student Loan Help That's FREE How to Make a Student Loan Payment Servicemember Support - We're Here for You Mobile App for Your Student Loans Know Your Repayment Options Top Six Ways to Reduce What You Owe Considering Consolidation?