Shopping around for a student loan is a little stressful. Trying to decide between varying interest rates and repayment plans is a lot to handle when youre also planning which classes to take and whether to live on campus or off. The types of loans vary greatly, and taking out the wrong one could cost you. By taking the time to pick the right loan to begin with, you can make the repayment process a lot easier. Dont ignore the importance of the distinction between federal and private loans when making your decision.
Start by deciding if you want to apply for the loan yourself as a student or ask your parents to do it. Parents can borrow more money on average than students, but they also start paying it back imme-diately. Students get to wait until they graduate to start sending in payments. Check out all your op-tions and research each of them thoroughly.
Consolidation Secrets
When you become buried under an apparent mountain of student loans, consolidation sounds like a good way out. Its an all too common mistake to jump on what seems like a good deal without un-derstanding the potential drawbacks first. Consolidating your loans isnt the only way to deal with them. Investigate this process before jumping into it to make sure it is the right method for dealing with your debts.
Paying Back the Debts
Getting your student loan debt under control is not as hard it is seems. With some strategic money management and budgeting, its easy to maximize your payments each month. Faster payoffs mean spending a lot less by the end of the loan. Do you have a concrete plan for finishing off that debt as quickly as possible? If not, take a look at these four tactics for settling them in a snap.
© 2015 STUDENT-LOAN-CONSOLIDATION-RATES.NET | All Rights Reserved. | Content & Privacy Policy
Official Federal loan consolidation application page from the Department of Education featuring a three-step process. Includes tips, rates applying for a PIN and e
Direct Consolidation Loans - Welcome!!!
The Direct Consolidation Loans Web Site-this U.S. Department of Education web site provides information to borrowers, schools, and loan holders. Borrowers can apply
Loan Consolidation | Federal Student Aid
What types of loans can be consolidated? Most federal student loans, including the following, are eligible for consolidation: Direct Subsidized Loans
Student Loan Consolidation - Debt.org
Learn about consolidating your student loans, differences between federal and private student loan consolidation, repayment plan options, and forgiveness.
Student Loan Consolidation-Consolidate Private Student ...
With a Wells Fargo Private Consolidation SM loan, you can combine multiple private student loans with multiple payments into one loan with a single payment, or
Suze Orman's Advice for Consolidating Student Loans
Personal finance expert and O, The Oprah Magazine columnist Suze Orman teaches you how to consolidate $100,000 in student loans.
Student Loans: What to Consider Before Consolidating
Student Loans: What to Consider Before Consolidating Short-term savings on monthly payments could cost borrowers more in the long run, experts say.
Student Loan Consolidation - Choose the right path for ...
We are able to help with plans for consolidating your student loans, making repayment easier, or modifying them when necessary. We can work with lenders to make
Student Loan Consolidation - What You Need to Know
Should you consolidate your student loans? Find out how loan consolidation works for different types of loans.
Tips On Consolidating Student Loans - Forbes
Student-loan consolidation has its benefits, but it's not for everyone.