Consolidating debt including student loans
Should I refinance my student loans with fixed or variable interest rates? How do I consolidate or refinance my student loans? How much can I save by refinancing my student loans?
Student loan refinancing: Refinancing is when a student loan lender buys out your existing loans, and gives you a single new loan with a potentially lower interest rate.
You can find each lender below, along with information on rates, terms, and other key details. But remember, lowering your monthly payments could mean that you end up paying more in interest overall.
Student loan consolidation: Consolidation is the process of combining your government loans so that you can make a single monthly payment.
Thankfully, the federal government provides a range of debt relief solutions that can help you: The information below can help you understand how to consolidate your student loans.
If you have questions or need help finding the right resources to get out of debt, we can help.
At Lend EDU, we help borrowers compare the top student loan companies in one place.
If you have at least Federal Direct Loan, then you can use a Federal Direct Consolidation Loan to consolidate almost all of your federal loans.
7 out of 10 graduates are now graduating with some form of student loan debt.
With an average balance of ,400, student debt is a big part of the average college graduate's life.
Learn more about when to consolidate and refinance federal and private loans.
Today, the answer to that question is probably yes!