Below you'll find a list of all posts that have been categorized as “Consolidation”
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 …
SoFi and LendKey are both premium student loan refinancing and consolidation companies. At present they are ranked first and second out of 18 lenders in our student loan refinance rankings. How is a borrower to pick the best lender? The LendKey Edge LendKey’s edge comes from the fact that they …
Fedloan Servicing, also known as myfedloan, is one of the largest servicers of federal student loans. Though Fedloan Servicing has been entrusted by the government to manage billions of dollars in student loans, they often fall short of minimal quality standards expected by many borrowers and taxpayers. The challenges of …
Article Updated April 24, 2018 to reflect the latest interest rate information. PNC’s decision to enter the student loan refinance world is an interesting one. The Student Loan Refinance marketplace is currently dominated by two types of lenders. The first group is startups specializing in student loans like SoFi or …
Article Updated June 7, 2018 to reflect the latest available interest rate information. The latest company to enter the student loan refinance marketplace is Splash Financial. Splash Financial first entered the student loan refinance business as a lender focusing exclusively on young doctors in their residency or in a fellowship. …
*Rates Updated 6/7/18 As we enter 2018 we have seen a bit of a shakeup with refinance rates. Last year’s best rate was offered by ELFI, a relatively new lender. With the new year brings new lenders atop our leaderboard. As usual, we have broken down the refinance rates according …
Article Updated April 4, 2018 to include the most recent interest rate information. Connext is a very interesting student loan refinance and consolidation lender in theory, but from a consumer perspective, Connext is a somewhat disappointing option. As a result, Connext checks in at 11th place out of 18 lenders …
Article Updated 6/7/18 to reflect the latest interest rate information. EDvestinU is a funny sounding student loan refinance company that offers an excellent deal to certain student loan borrowers. EDvestinU scores points for being a non-profit and for consumer transparency. The short-term interest rates are not the most competitive, but …
In this edition of the Sherpa Mailbag we take a look at the credit score questions of Jane. She is trying to improve her credit and is worried that her student loans may be dragging it down. If you have a question for the Sherpa, feel free to ask us! …
Deciding whether or not a student loan service is legitimate or a scam has become increasingly difficult. A lot of promises are being made regarding government programs, “relief” agencies, refinance companies, and loan advisors. Some are legitimate and excellent opportunities for consumers, many others are wastes of time and money. …
