Student Loan Consolidation Blog

Am I Refinancing or Consolidating My Student Loans?

 -  First off, it's not actually refinancing that you are doing as much as it is consolidating your student loans. Still, you will have a new interest rate and loan...

Why Can I Not Consolidate Federal with Private Student Loans?

 -  In short, consumer banking regulations governing each specific loan type are different making consolidating federal and private student loans a non option.

Student Loan Consolidation: Myth vs. Reality

 -  There has been a lot written and said about federal student loan consolidation over the years. The point of this blog is to debunk three common mythes floating around the...

Federal Consolidation is easy as 1-2-3

 -  Given the interest rate drop which takes effect Wednesday, July 1 I’m expecting next week to be a busy consolidation week. Save yourself some frustration by having everything in front...

Consolidate your academic records

 -  Until I began doing research for this blog I honestly had no idea such a service existed. A credit bank to deposit your education credits, what a novel idea. It...

The Consolidation Debate

 -  Consolidation is the ultimate debt management tool, but is it really worth it? As most of you already know consolidation is designed to minimize your monthly payment by extending out your...

Consolidating After July 1 May Save You Thousands

 -  The rates are in, and as expected they have dropped like a second rate fighter in a Vegas prize fight. The rate decrease will not effect everyone however. Only those who...

Consolidation Extends Beyond Student Loans

 -  Student loan consolidation is just one piece of that giant debt puzzle for students to solve when they graduate from college. In addition to federal and private student loan debt man...

What is the highest my consolidated interest rate can go?

 -  The cap or ceiling on your consolidated loan varies between federal and private. Federal: If you have a federally consolidated loan the rate will never exceed 8.25%. The vast majority of...

Three Year Deferral Period

 -  Did you know if you’ve previoulsy consoldiated your federal loans with a private lender (such as Sallie Mae) that you can reconsolidate them again with the Direct Loan Center? That’s...