04.18.06 | We’re not kidding, consolidation saves cash
Everyday I get the same questions and emails – students and parents asking if consolidation really saves money and lowers payments…It does – no joke. No strings, no gimmicks, no fees, no bait and switch, it just saves money.
First of all, if you have federal student loans (the ones called Stafford, Perkins or PLUS) then you don’t have to worry about getting tied up in some dodgy consolidation program. Your loans are going to stay within that protective federal umbrella – which grants you deferments, forbearance, graduated, and income contingent repayment options. Second, all of your loans get combined into ONE low monthly payment – up to 60% lower then what you’re paying now. Not to mention that your variable interest rate gets locked, protecting it from the upcoming rate hike on July 1st.
On top of cutting your monthly payment in half, if you sign up for automatic checking account withdrawal, we can reduce your interest rate by .25% – immediately. Keep making that payment on-time for 36 months, and shave off another 1%.
So give us a call, talk with one of our expert loan counselors, and find out how much cash you can save – call 877.328.1565. Or check out our website and even apply online at: www.StudentLoanConsolidator.com.
Jon Rudy
Director of Consolidation
StudentLoanConsolidator.com
The Student Loan Help blog is sponsored in part by:
I understand that the interest rate on student loans is expected to go up from it’s current 3.something percent to 6.8 percent. How sure is that? Is there a posibility that it could go down? even higher?
April 24th, 2006 | #