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Need help consolidating my student loans

There is the possibility that you will lose some benefits, including incentives and deferment options if you finance through a private lender.

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When you consolidate your student loans, you may be able to extend your payments for a longer term.Finding the right bank to refinance or consolidate your student loans is confusing.Fortunately, we’ve highlighted the six best banks and lenders to help you refinance and consolidate both private and federal student loans, based on your financial situation.If you meet these requirements, you might be an excellent candidate for student loan refinancing and consolidation!If you don’t think you meet the requirements, don’t worry – as you can apply with a cosigner to increase your chances of getting approved for a better student loan.You can check with your lender for further information, but some loans can be included while still within 180 days of being disbursed.

When you complete the consolidation process, it can not be undone.

There are also private lenders who will only process a school loan consolidation for individuals that it already has a relationship with.

Many will offer incentives to borrowers like automatic payments and different repayment plans.

Back To Top The timing of a student loan consolidation can be done whenever it is convenient and appropriate for you, as long as you have entered the repayment period.

In some cases, you can even include some student loans that have not yet entered the repayment period.

Typically, both will review the types of loans that you want to include to ensure that all are qualified to be included in a federal student loan consolidation or private student loan consolidation.