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Is combining all federal educational loans into one loan
Consolidation Loans is similar to refinancing a mortgage. Where it's combine several student or parent loans into one bigger loan from a single lender.
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∙ 13y ago
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Where can one find federal college loan consolidation?
One can find Federal College Loan Consolidation at several facilities of the Federal College Loan Consolidation located at different outlets of Federal College Loan Consolidation.
How easy is it to get a debt consolidation loan?
I have learned there is really no such thing as a consolidation loan anymore. The banks and other loan agencies do not carry this particular loan anymore.
Where can consolidation loan rates be compared?
There are several places one can compare consolidation loan rates. These websites include Bank Rate, Loan Consolidation, Lending Club, FinAid, and Lending Tree.
What are the student loan consolidation interest rates?
As of July 2010, you can get a student consolidation loan through the federal government. The interest rate can range from 6.62%-8.25%. 8.25% is cap for any student loan consolidation.
Which companies help you save money plus assist with loan consolidation?
Some companies which help you save money and assist with loan consolidation include Wells Fargo and FinAid. You can get help with your Loan Consolidation from their websites.
Does the Higher Education Act provide for student loan consolidation?
The Higher Education Act does provide student loan consolidation under the Federal Family Education Loan and Direct Loan programs. The loan consolidation may lower interest rate and extend the amount of time to repay.
Where can one get a loan consolidation?
You can receive a loan consolidation by contacting your local bank or credit union that you use and inquiring about consolidating there. You can also check websites online such as Wells Fargo and the Loan Consolidation website which is government run.
What are the qualifications for a debt consolidation loan?
For a debit consolidation loan, the person being granted the loan must not have a history of bad credit or loan repayment and must be in effort to reduce their debt.
Does ACS offer student loan consolidation?
ACS does not offer student loan consolidation anymore since July 2010. All consolidations should be made through the Direct Loan Program. You can find other useful information on Federal Direct Consolidation Loan website.
What is a consolidation loan, good or bad?
A consolidation loan is a loan that lumps all your debt into one big loan often with a set interest rate. Some consider them a good thing while others do not.
Where can I learn about student loan consolidation?
You can use Direct Consolidation loans for your student loan consolidation needs. It is a government website that assist those who want to consolidate their debts. You can find them at this link www.loanconsolidation.ed.gov/
How does one obtain a Federal Consolidation Loan?
A Federal Consolidation Loan can be applied for through Borrower Services, Direct Consolidation Loans, or Nelnet. These are all services that will allow you to complete your application online.
