Consolidating federal student loans interest rates

Posted by / 15-Oct-2020 20:17

Consolidating federal student loans interest rates

So whether you want to pay off your student faster or just reduce your student loan payments, we can help.Student loan consolidation is the process of unifying several loans with different rates and terms into a single loan with a single payment.Most federal loans are now made through the Direct Loan program.

Consolidating student loans does not affect the amount of interest you pay—it just simplifies your payments. The customer service was excellent and very helpful - the process quick.

Direct Loans and Federal Family Education Loans (FFEL) are the two largest government federal student loan programs.

As of July 1, 2010, the FFEL program was eliminated.

This helps us build a better picture of your full financial profile so that we can offer our clients the lowest possible rates on their loans.

We’ve put together a library of essential resources (like how-to guides, comparisons, and calculators) to help you make better choices when it comes to refinancing student loans. Browse Resource Library When you refinance student loans, you get credit for the positive changes to your financial profile since you originally took out the loans.

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