07.16.08 | Not Happy with Your Current Consolidation Company?
I have heard recently that if you have previously consolidated your Federal loans, you can switch your loans over the US Dept of Education (Direct Loans). Keep in mind that your rate will not change, and your loan term will most likely start over…so if you have been paying for 5 years already, you may be paying for longer. However, this can be avoided by just paying more than what is due each month, therefore you would be done paying sooner than the time allotted in the consolidation. For more information on this you can call 1800-557-7392 or visit loanconsolidation.ed.gov
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Filed under: Consolidation FAQ's, Consolidation Savings
Does the U.S. Dept of Education offer “fixed rates” on private student loans?
October 11th, 2008 | #