It is critical that you do your research before you make any student loan consolidation decision.
If you are considering consolidating your loans, one mistake that you definitely want to avoid is combining your private loans with your federal government loans.
Repeat after me: NEVER CONSOLIDATE FEDERAL LOANS WITH PRIVATE LOANS!
This tool is for illustrative and educational purposes only and assumes excellent borrower credit history.
Your Annual Percentage Rate (APR) will be based on the specific characteristics of your credit application including, but not limited to, evaluation of credit history and amount of credit requested.
This is a mistake that could cost you a fortune in the long run.
Finding a Personal Consolidation Loan Using a Balance Transfer Consolidating Student Loans Community Q&A Loan consolidation can save you money if done right.
By applying with NSDA does not guarantee any outcome and results vary.
The information and statements contained on this Website are intended as general educational information and expressly not intended and regarded as legal or financial advice.
You can consolidate your own student loans at no charge at Federal Student Aid.
Before you apply, we encourage you to carefully consider whether consolidating your existing debt is the right choice for you.
Consolidating multiple credit accounts into one new loan with a single payment may help you lower your overall monthly expenses, increase your cash flow, and eliminate the stress of multiple monthly payments.