School Loan Consolidation - Learn The Facts - Don't Get Left In The Dark


Visitors: 129

As a student, it can be hard to keep track of the various loans you have taken out, their interest rates and monthly payments. The solution? Student loan consolidation. Student loan consolidation means that all the loans you currently owe are brought into one main account and you pay just one monthly payment at a fixed interest rate.

Many banks currently offer the option of student loan consolidation through their loan consolidation programs. Any federal student loans that you have out can be incorporated into the program and they will allow you to have a fixed interest rate, based on the average of all the interest rates. Some banks even offer special deals for student loan consolidation accounts, where the interest rate may be as low as 3-4%.

Student loan consolidation may only be available after you finish school. Since many loans are not payable during the study period, this shouldn’t affect students. However, it is a great idea to shop around for your options before you have to make those first payments after graduation! This helps ensure that you have everything organized before it has a chance to get out of control.

There are many advantages to student loan consolidation. You will find that your interest rates are lower, saving you money, as well as saving time since you won’t be trying to figure out which loans you have already paid for the month and which still need a check. It is well worth setting up a consolidation account today.

Earl Taylor is an expert opportunist with 8 years experience as an internet marketer. He is the author of . His diligent research and precise recommendations has been known to help thousands. To find out more on saving money on your school loan consolidation, visit:


Article Source:

Rate this Article: 
School Loan Consolidation A Beginners Info
Rated 4 / 5
based on 5 votes

Related Articles:

School Loan Consolidation & the Reality of Student Loan Debt

by: Christian Rogers (July 22, 2008) 
(Finance/Student Loans)

Student Loan Debt Relief - School Loan Consolidation

by: Ivar Rudi (September 26, 2006) 

Loan Consolidation While In School

by: Richmond Monillo (October 09, 2006) 

School Consolidation Loan Basics

by: Shellaine Enfesta (January 03, 2008) 
(Finance/Debt Consolidation)

Best School Loan Consolidation Options

by: Sara Sentor (February 10, 2008) 
(Finance/Debt Consolidation)

A School Loan Consolidation Primer

by: Jay Stockman (October 12, 2005) 
(Finance/Debt Consolidation)

School Loan Consolidation For Students

by: Steven Copper (June 25, 2008) 
(Finance/Student Loans)

Medical School Student Loan Consolidation

by: Sara Sentor (February 20, 2008) 
(Finance/Debt Consolidation)

Free Up Cash With a School Loan Consolidation

by: Christopher Luck (December 04, 2005) 

School Loan Consolidation A Beginners Info

by: Shellaine Enfesta (April 04, 2008) 
(Finance/Student Loans)