Federal Student Loan Consolidation

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Posted on September 15, 2018 at 06:51 AM



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Federal Student Loan Consolidation: Pros and Cons | Nolo.com
Under the federal Direct Consolidation Loan program, you may consolidate (combine) one or more of your federal student loans into a new loan. The new loan will have a fixed interest rate based on the average of the interest rates on the loans being consolidated.
Federal Student Loan Consolidation - Overview
Federal student loan consolidation is a fixed-rate refinancing program that combines all of your existing federal student loans into one new loan. Consolidation can be a helpful tool for managing your finances, providing more flexibility during the repayment period.
How to Consolidate Student Loans — NerdWallet
Federal student loan consolidation basics. Federal loan consolidation doesn’t have a credit requirement, and it offers the benefit of a single loan bill and potentially lower payments.

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