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Federal student loans are eligible for consolidation through the U.S. Department of Education’s Direct Consolidation Loan program. Private student loans can be combined through a process more ...
You have high-interest private student loan debt. Your new loan (whether federal or private) carries a much lower APR than your current student loan debt. See related: How to consolidate student loans
Student loan consolidation combines multiple student loans with different interest rates and term lengths into a single loan. Discover: Top 10 Richest People in the World More: 22 Side Gigs That ...
Retain federal benefits: While some borrowers may consider refinancing their loans with a private lender as a way of combining several loans, choosing a Direct Consolidation Loan instead ensures ...
7. Refinanced student loans. Several private financial institutions offer refinance student loans, which are private student loans that are used to consolidate your existing student loans ...
Direct Loans. Direct Consolidation Loans. Loans not eligible for PSLF. Private student loans. Federal Family Education Loans (FFEL) Federal Perkins Loans. Qualifying payments. To be eligible for ...
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