Federal vs Private Loan Consolidation – Which one is better

There is always the difficult choice for an undergraduate or graduate as to whether he should take out a federal loan or a private loan. Each has its own benefits and drawbacks, depending on which lending company he is going with. For example, federal loans can be tax deductible, while private loans are not. Another is that federal loans can be forgiven in all or in part if the student is performing certain kinds of service, such as military service or practicing medicine in certain kinds of communities. […]

By admin|April 12th, 2013|Consolidation|0 Comments

Federal Direct Consolidation Loans Review

Loan consolidation can greatly simplify the costs for graduates and undergraduates by reducing multiple loan payments to one monthly payment with only one interest rate. The time period for repayment is extended, but because of an increased interest rate, the student can end up paying a lot more than each of the loans separately. However, consolidation can make payments more affordable on a monthly basis, especially for those students that have not yet found employment, which can be a daunting task in the current economy. Federal Direct Consolidation Loans can provide a variety of benefits for those wishing to have their federal loans lumped together into one lump sum. […]

By admin|April 5th, 2013|Consolidation|0 Comments

E-Student Loan Consolidation Review

After graduation, it is difficult for postgraduates to find employment in the competitive working world. Coupled with the increasing prices of tuition and costs associated with college life, it's becoming more burdensome for graduates and undergraduates to be able to pay for these costs without taking out multiple loans. Loan consolidation companies such as E-Student Loan Consolidation can make it easier for postgraduates to cope with the costs of students loans and their interest rates. […]

By admin|March 15th, 2013|Consolidation|0 Comments

Bad Credit Student Loan Consolidation

When it comes to bad credit student loan consolidation, federal loan programs are, in most cases, the best way to go. Legitimate private lenders across the board, such as banks, require good credit from their borrowers in order to ensure competitive interest rates, and most private lenders will not even consider those borrowers who have a bad or no credit history. Unlike these private lenders, the government does not seek to turn a profit from their student loan consolidations and there are several federal loan consolidation programs that do not require credit history checks. […]

By admin|November 1st, 2012|Consolidation|0 Comments

9 Musts To Qualify For Federal Student Aid Without a Cosigner

The best way to get a student loan without a cosigner is to apply for federal student aid. You do not need a cosigner or a credit history to apply for a federal student loan, but must meet a few other requirements. You must […]

By admin|October 18th, 2012|Federal Loans|0 Comments

Chase Student Loan Consolidation Review

Before consolidating student loans, a former student must determine whether they financed their education using federal loans, private loans, or a mixture of both. This conclusion may not be as easy to determine and certainly would not be determined merely by asking “whether the student received funding from Chase.” Although Chase currently only provides private loans, not too long ago they were also providing funds for federal student loans. The reason a student must determine how they financed their education is because a federal student loan and a private student loan cannot be consolidated together, but must consolidate separately. […]

By admin|October 11th, 2012|Consolidation|0 Comments

Next Student Loan Consolidation Review

NEXT STUDENT LOAN CONSOLIDATION REVIEW When a student searches for the best deal on student loans, it should require a great deal of investigative power, because it may not always be easy to ascertain the best student loan available until a person first understand, at least the basic understanding, of different varieties of student loans that exist. This type of broadening knowledge will help narrow the pool of possibilities down for any potential borrower looking to make a wise investment on their future. […]

By admin|October 11th, 2012|Consolidation|0 Comments

Federal Student Loan Consolidation Reviews

A lot of students who are gradating from college are then left holding a huge amount of student loans. Regardless of whether you have a PLUS loan, a Stafford Loan, a Federal Perkins loan, or private student loan, there are a wide variety of student loan consolidation services which are available to help consolidate all student loans into one single debt. By consolidating your student loans, this can result in a much lower interest rate, and in some cases this can also dramatically reduced monthly loan payments and help people pay off their debts much quicker. The good news is, many of the consolidation services will offer a fixed interest rates for the life of the loan, which allows you to lock that interest rate for as many years as it takes to pay off your student loans and you do not have to worry about the interest rates skyrocketing on you. […]

By admin|October 11th, 2012|Consolidation|0 Comments

Best Consolidation Companies

Chase Student Loan Consolidation Review