Reconsolidating student loan
Loans that are not eligible for consolidation include state or private loans that are not federally guaranteed.Although all of these different loans may be consolidated, you must have at least one outstanding FFEL or Direct Loan to obtain a Direct Consolidation Loan.Today, the answer to that question is probably yes!7 out of 10 graduates are now graduating with some form of student loan debt.With an average balance of ,400, student debt is a big part of the average college graduate's life.At Lend EDU, we help borrowers compare the top student loan companies in one place.We put together this guide to help you get information on all of the top student loan refinance lenders without having to jump around multiple websites.
A student may consider refinancing student loans when he/she cannot handles payments with multiple loans.
No origination fees in most states, no prepayment penalties.
Whether you’re looking to refinance federal student loans, pay off loans sooner, or get a lower monthly payment (maybe all three), we offer a range of rates and terms.
WARNING: It is very dangerous to consolidate federal loans into a private consolidation loan.
You will lose your rights under the federal loan programs once you choose to consolidate with a private lender.