The Advantages If student Loan debt is a heavy monthly burden on you or your family, you are not alone. And if the monthly payment is becoming so unmanageable that you may have already missed payments or be in danger of default, then loan consolidation may be right for you. A consolidation loan is just what it sounds like. With a loan consolidation program your high interest student loans are combined into one sometimes lower interest loan, with one lower monthly payment, that you need to make to only one lender. Consolidation Loans are much like the same idea of refinancing a mortgage, or taking a home equity loan to consolidate credit card debt or pay off other high interest loans. Just about every kind of Federal Student Loan qualifies for loan consolidation inclu View the rest of this article
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment