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  2. Pros and cons of consolidating student loans

    www.aol.com/finance/pros-cons-consolidating...

    And if you have federal loans, switching to a Direct Consolidation Loan can be necessary to access federal student loan repayment and forgiveness plans. That said, there are times when ...

  3. Citibank Student Loans: What You Need to Know - AOL

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    A long time ago — before the introduction of the Direct Loan Program — I consolidated my federal loans with Citibank. In 2010, Citibank sold off its student loan unit, and has since stopped ...

  4. 4 types of debt you can consolidate

    www.aol.com/finance/3-types-debt-consolidate...

    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

  5. A comprehensive guide to debt relief programs - AOL

    www.aol.com/finance/debt-relief-guide-know...

    Debt forgiveness is typically used for non-credit-card debt, like student loans, mortgages, medical debt or even taxes. Pros of debt forgiveness programs All or part of your loan could be wiped out.

  6. Pros and cons of debt consolidation

    www.aol.com/finance/pros-cons-debt-consolidation...

    American consumer debt — including mortgages, car loans, credit cards and student loans — reached $16.90 trillion in the fourth quarter of 2022, according to the New York Federal Reserve. This ...

  7. What can I use a debt consolidation loan for?

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    Benefits and drawbacks of debt consolidation loans. Securing a debt consolidation loan can be an excellent way to handle paying down your debts, but the move comes with risk. Consider the benefits ...

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