4 Student Loan Refinancing Myths Explained
©2016
If you have a lot of student loans don’t be concerned. You’re just like a lot of people who decided to take that plunge and go off to college. Very few people have the ability to take off for college and not have to take out any loans (those lucky people are the envy of the rest of us). But who cares if you’re just like everyone else right? Now you’re stuck with college loans you aren’t sure what to do with. First of all they’re expensive and second of all there’s probably just too many of them to keep track of. Well you’re actually in luck because one of your options is student loan consolidation and refinancing. […]
The ideal of going to school and getting a degree sometimes carries us away. We take what we can get in the form of grants and scholarships, and then we take out loans to fill in the financial gaps that are left. This is all so that we can succeed in reaching the goal of finishing school, meeting the expectation of graduating, and finding success. […]
Consolidation of loans is the course of joining numerous student loans into a one loan offered by one lender. Here are the private student loan consolidation companies for 2013-2014 school year. 1. cuStudent Loans This private student loan program consists of more than 140 non-profit credit unions across the entire United States of America. The program comprises of the cuScholar private student loan and cuGrad private loan consolidation, which offer refinancing options, and alternative loan that is competitive for students and recent graduates. […]
Given the high cost of tuition these days, students commonly combine several kinds of federal-only or federal-and-private loans to come up with a way to cover all of their educational costs. Since interest rates are the lowest they’ve been in decades, it could be a smart move for a student, parent or recent graduate to consolidate all of his or her loans for the lowest rates. […]
When you graduate from college and have to take a hard look at the debt accrued over your years as a college student, you might feel like it is a frightening prospect. This is especially true if you have struggled to find a job in a failing economy and have reached the end of any forbearance or deferment periods. At this time, you might be wondering how you are going to make your student loan payments, and whether student loan consolidation is right for you. […]
It is becoming more commonplace for students to have multiple loans in order to afford the high costs associated with college. However, there are options to help reduce the costs associated with loans and interest rates, and one of these is consolidation. Consolidation is the combining of loans together and paying a lender one fee each month to cover the costs of the other loans. This can make it much simpler for students who are struggling with paying off their student loans. […]