Consolidating private school loan credit
Consolidating your loans will simplify your finances and likely save you money long-term.
However, you will give up some protections that come with government loans.
It is similar to a traditional refinance, where a new loan with a new interest rate pays off the existing loans.
Private student loan consolidation can streamline repayment by replacing multiple payments with a single monthly payment.
You may be looking for ways to refinance your student loans at a lower interest rate, but don’t know where to turn.