Student Loans Student Loans Quick Links
Student Loan Consolidation
Well you have finally made it!
The schooling is behind you and now your looking
for the big payoff, that Killer Job! But hey wait!
What about my GIANT LOAN BILLS?
Don’t worry you have options, and no your not
going to be retired before you pay off the debt.
Maybe you don’t have the job right now but be
confident, it will come.In the mean time the bills
are here and you may need to consolidate your school loans so you can bear the load until you land that
perfect job.
The positive thing is that you can reduce your
monthly payments, get a fixed interest rate and get the payments on a time schedule that works best for you.
In addition to that, you will only deal with one lender instead of the two, three or four lenders you may be dealing with now.
Make sure when your looking at debt consolidation lenders that you find one that isn’t charging up front
fees. You should never pay an up front fee. You are
going to
be paying for a long time so why give them
any more money? You can consolidate with any debt consolidation lender, so find one that isn’t charging
an up front fee.
The interest rate on a Plus loan is 8.5% fixed, the cap
on consolidation loans for a “Plus Loan” is 8.25%, so
if you have a Plus Loan check your current rate, the lender you have now may already be giving you a discounted rate. There are more options than the 10
year default plan for paying off your debt, there are extended plans, income-contingent, graduated, income-sensitive, and other repayment plans based on your income. You can even get a loan with a 30 year term,
of course you will be paying more in the end.
Student Loans Quick Links
Sallie Mae Student Loans
Federal and private student loans for
undergraduate
and graduate students
and their parents.
Federal Student Aid - FAFSA
Federal Student Aid,
eligible individuals
can get federally funded or federally
guaranteed financial assistance.
Other Institutions:
DeVry University Student Loans
Wells Fargo Student Loans | 
