Your Guide to Student Loan Consolidation

Have you ever received a piece of mail asking you immediately to call about your student loans? Or, have you ever filled out an online student loan consolidation form? If so, you still may be eligible to save thousands of dollars on your student loans and cut your monthly payments by 60 percent.

As of July 1, 2006, student loan borrowers who did not get a chance to consolidate their outstanding student loans felt the impact of the interest rate increase. Federal student loan interest rates on July 1, 2006 increased by 39 percent (a 1.84 percentage point increase), which drastically increased payments for borrowers who did not meet the consolidation deadline.

Incomplete Applications Read the rest of this entry »

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July 1, 2006 Extension on Student Loan Consolidation Coming to an End

Have you ever received a piece of mail asking you immediately to call about your student loans? Or, have you ever filled out an online student loan consolidation form? If so, you still may be eligible to save thousands of dollars on your student loans and cut your monthly payments by 60 percent.

As of July 1, 2006, student loan borrowers who did not get a chance to consolidate their outstanding student loans felt the impact of the interest rate increase. Federal student loan interest rates on July 1, 2006 increased by 39 percent (a 1.84 percentage point increase), which drastically increased payments for borrowers who did not meet the consolidation deadline.

Incomplete Applications Read the rest of this entry »

Archived under Student Loans Comments

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