Summer The Time For Student Loan Consolidation | ** An Anonymous Journal **

Thursday, May 31, 2007

Summer The Time For Student Loan Consolidation

My sister told me that in America, it's time for college students to graduate soon and many of them will be flooding the job market. She said that for most students, it is at this time, just before graduation that they plan to consolidate their federal student loans although there are some who do not know the benefits of Student Loan Consolidation.

By doing so, they are actually grouping their loans together and paying off one single payment at the end of the month. Apart from this convenience, they are able to save up to 60% on interest rate, running up to a four figure sum.

Some student loan consolidation programs like those offered by NextStudent could even further lower their interest rates. Hence these students save more than 60%.

On the other hand, for students who are continuing their education, NextStudent offers private student loans. Application for NextStudent private student loans is free and instant approval is given in most cases.

0 comments:

Post a Comment