Through the Direct Consolidation Loan program, you can combine your loans (depending on the type) into one loan.This makes your payments smaller and easier to manage.
You are not alone, over 40 million former students have loan debt.
On their website, they boast saving its refinancers an average of 8 per month.
They can consolidate both federal and private student loans, offer unemployment protection and have a fixed rate of 3.250% APR.
Here are some things to consider when analyzing a loan service company: There are a lot of private loan lenders to choose from, and many different reasons to consider when selecting one.
The following is a list of some of the top lenders in the industry.
Student loan refinancing is a similar concept to student loan consolidation except that it is done through a private lender.