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If your parents have taken out Parent PLUS loans to help you with college, consolidating them into a direct consolidation loan could make paying them off easier. This is a way to combine different ...
Key takeaways. Direct Consolidation Loans and private student loan refinancing helps make federal student loans more manageable by rolling several balances into a single loan product.
Consolidation can streamline your student debt and reduce your monthly payment. But it's not for every borrower.
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
Similar to student loans and credit cards, if you are saddled with any other types of high-interest loans or have “sore thumb” debt, you may explore the best debt consolidation option to save ...
Bankrate’s take:Debt consolidation loanscan be used for consolidating credit card debt, medical debt and student loan debt. 4. Peer-to-peer loan. Peer-to-peer (P2P) lending platforms pair ...
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