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Is it time to consolidate your student loans?

You've graduated from college. And now each month you're faced with a stack of bills for your student loans. Okay, maybe it´s only a couple of bills. But it sure feels like a stack! They have different due dates, rates and total balances. Consolidating your student loans can help you eliminate some of the hassle.

What's Consolidation?

Consolidating (or combining) your student loans can be a smart move. Basically, what you do is roll all of your existing federal student loan debt into one new loan. The new loan will have an interest rate that is calculated by taking the weighted average of the federal student loans you choose to consolidate rounded up to the nearest 1/8%. It may also extend your federal student loan repayment period, thereby decreasing your monthly payments.

Consolidation Questions?

Do you have questions about student loan consolidating?
ALL Student Loans consolidation FAQs page might be exactly what your looking for to answer all those questions regarding student loan consolidation.