Student Debt Consolidation

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http://www.loanconsolidation.ed.gov/index.shtml

The Higher Education Act (HEA) provides for a loan consolidation program under both the Federal Family Education Loan (FFEL) Programs and the Direct Loan Program. Under these programs, a borrower’s loans are paid off and a new consolidation loan is created. These programs simplify loan repayment by combining several types of Federal education loans (that may have different terms and repayment schedules or may have been made by different lenders) into one new loan. The interest rate may be lower than on one or more of the underlying loans. In addition, the monthly payment amount on a consolidation loan is usually lower and the amount of time to repay may be extended beyond what was available in the separate loan programs. These features should result in more manageable debt and should make borrowers less prone to default.

Details on loan consolidation can be found on this link

2008-11-07T23:21:00.000-08:00

Federal student loan consolidation is a fixed-rate refinancing program that combines all of your existing federal student loans into one new loan. Consolidation is a great tool for managing your finances - providing immediate payment relief and long term benefits. With our fast and convenient eSignature, your application will be complete in just a few minutes.

Cut your monthly student loan payment by as much as 50%
Simplify your finances with one monthly payment
Improve your credit rating
No credit checks, fees, or application charges
Reduce your interest rate 0.6% by consolidating during your grace period

Federal Student Loan Consolidation Payment Relief

One of the key benefits of consolidating your federal school loans is payment relief. By combining all of your student loans into one consolidated loan, you can lengthen your repayment term from the standard 10 years to up to 30 years, depending on the amount of your education debts. With a lower monthly payment, you'll have more money available to meet other living expenses, including car payments, housing expenses, and career-related necessities. Because there are no penalties for overpayment, you can make larger payments and reduce your repayment term when it becomes affordable. Learn more about how student loan consolidation works in this step-by-step tutorial.

Consolidating with Student loan Consolidator

Get one-on-one personalized customer service. Our loan counselors will educate you on the benefits of federal student loan consolidation and help you determine if consolidating is the right choice. We will explain the consolidation process and the repayment options that are available to you.

What Qualifies for Federal Student Loan Consolidation?

Federal loan consolidation can include Federal Stafford Loan consolidation, PLUS Loan consolidation, Direct Loan consolidation as well as Perkins Loans, HEAL Loans and all Federal FFELP and Direct Loans taken to pay for your education. Private student loan consolidation is different - You will lose your federal loan benefits if you consolidate your federal loans into a private loan consolidation.

Know more about this on studentloanconsolidator.com

NextStudent Private Student Loans Available now! Cash for college.

2008-10-30T23:13:00.000-07:00

Get money for college. With a NextStudent Private Loan, undergraduate, graduate, and continuing education students can cover higher education expenses up to the Total Cost of Education. Pay for up to 100% of your undergraduate or graduate expenses from $2,500 up to a lifetime aggregate maximum of $250,000.

Get it when you want it.

Apply for a NextStudent Private Loan at the beginning of the school year, in the middle of the term or near the end. It’s up to you. There are no application deadlines. You can apply now and get a fast preliminary approval.

Why choose a NextStudent Private Loan?

Simple. With a NextStudent Private Student Loan, you get everything you need.

No FAFSA required
Competitive interest rates and fees
12-month grace period after graduation^‡
FAST preapproval
Funds are payable to you, not your school^§
Disbursements as fast as 48 hours from final approval
Up to a 0.5% discount for on-time, automatic payments^†
When you apply with a creditworthy co-signer you may increase your chances of approval and of qualifying for lower interest rates and/or loan fees

Want to know more about nextstudent loans? Click on this link

Private Student Loan Consolidation

2008-10-22T22:58:00.000-07:00

A private consolidation loan from Student Loan Consolidator can cut your monthly loan payments nearly in half by combining all your private student debt into one easy to manage loan.

Lower your monthly payment amount as much as 45% in the first year*
A 0.25% interest rate reduction for automatic checking account withdrawal
No application fees, No prepayment penalties
Conditional pre-approval decision within minutes online or by phone

Get The Lowest Rate Possible - Apply With A Co-Signer

Applying with a qualified co-signer can greatly increase your chances for approval. A co-signer with great credit could help you get a better interest rate. And with our co-signer release program, you can remove the co-signer after 48 on-time payments.

Know more about consolidation of student loans on studentloanconsolidation.com