Below you'll find a list of all posts that have been categorized as “Consolidation”
Article updated November 7, 2019, to include the latest interest rate information. For the past five years, Laurel Road has been one of the top student loan refinance lenders. Laurel Road has built its reputation on being a top choice for healthcare professions, especially doctors, optometrists, and dentists. However, we …
The rejection rate for Public Service Student Loan Forgiveness is a horrifying 99%. Some of the problems that lead to rejection can be easily fixed, while others are far more complicated. Issues with Federal Family Education Loan Program or FFEL loans are among the most serious because there is no …
Refinancing your student loans is a major financial commitment. One thing that people often don’t realize is that refinancing is not an all or nothing proposition. Borrowers do not have to refinance all of their student loans together. Student loan refinance lenders will allow borrowers to choose the specific loans …
Article Updated December 4, 2019, to reflect the latest available interest rate information. With well over a trillion dollars in student loan debt in the United States, it is no surprise that new lenders continue to pop up in the refinance marketplace. Finding the lender offering the lowest interest rates …
Earlier this week I received the following email from a reader: I’m writing because recently I have been trying to consolidate my private loans and have run into a snag: I have too much debt with regard to my income (surprise!). I have excellent credit and make the huge payments …
Article Last Updated on 7/2/19 to reflect the most recent interest rate information. Not long ago CommonBond was just an idea being tossed around by a few Wharton MBA students. Today it is a fast growing student loan refinancing company offering some unique products, and giving new customers $150 for signing …
Many student loan borrowers are able to improve their credit score by consolidating or refinancing their student loans. Unfortunately, not all borrowers see an increase in their score. Some borrowers may actually see their score drop by consolidating or refinancing. Though federal direct consolidation and private student loan refinancing are …
Phone calls with lenders can be especially stressful. For many borrowers, student loans are by far their biggest debt. Student loan companies, including federal student loans servicers like Navient and MyFedLoan have a well deserved reputation for lousy service. This combination of financial pain and terrible customer service can be …
Great Lakes Higher Education, commonly called MyGreatLakes, is one of the largest servicers of federal student loans. Though Great Lakes does not directly provide consolidation or refinancing services, it is still possible to refinance loans with Great Lakes. The big question for borrowers to decide is whether or not this …
Article Updated 7/2/19 to include the latest available interest rate information. SoFi and LendKey are both premium student loan refinancing and consolidation companies. At present they are both ranked in the top ten in our student loan refinance rankings. How is a borrower to pick the best lender? The LendKey …
