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4 Reasons to Consolidate Your Student Loans - Student Loan Ranger Consolidation is like refinancing—you get a new loan, the new loan pays off your old loans, and you pay the new consolidation loan instead. Why bother? Below are some important FAQs on this subject: Which loans can I consolidate? [Pick from the federal student loan smorgasbord.] When does consolidation make sense? 1. 2. 3. 4. [Learn more about the Public Service Loan Forgiveness program.] What are the downsides to consolidation? How can consolidation get me out of default? Can I consolidate my private student loans into a Direct Consolidation Loan? [Read the 6 advantages to federal student loans.] How do I apply for a Direct Consolidation Loan? Where can I get more details? --Student Loan Borrower Assistance provides comprehensive information for student loan borrowers. --FinAid has lots of great advice about all kinds of financial aid, including consolidation loans. --The Direct Consolidation Loans site has consolidation application forms and FAQs. Searching for a college?

Combo - The Official Website Top Student Loan Consolidation Companies When you consolidate student loans, you can lower your monthly student loan payment by as much as 60 percent. The key is to find the right lender and the right interest rate. When comparing lenders, you should consider payment fees, interest rates, and loan terms. 1. With a student loan consolidation loan, this company can reduce your monthly student loan payments by as much as 60 percent. 2. If you have not consolidated your loans previously, Next Student offers student loan consolidation services. 3. This online debt consolidator is the parent company of StudentLoanConcolidation.com and can save you a great deal of money on your monthly student loan payments.