Consolidating direct and non direct student loans christian dating an atheist yahoo
Consider refinancing if you have: Refinancing federal loans into a private loan means losing consumer protections specific to federal loans.
Those include the option to tie payments to income and get loans forgiven if you work for the government or a nonprofit.
Not everyone is a good candidate for private student loan refinancing.
Federal loan consolidation doesn’t have a credit requirement, and it offers the benefit of a single loan bill and potentially lower payments.
Consolidating federal student loans may be a good strategy to lower monthly payments or to get out of default, but it is not always a good idea.
Strongly consider lenders that offer the most flexibility on payments and multiple options for forbearance. And while our site doesn’t feature every company or financial product available on the market, we’re proud that the guidance we offer, the information we provide and the tools we create are objective, independent, straightforward –- and free. " Like the federal government, private companies offer the option to consolidate multiple student loans into one. We believe everyone should be able to make financial decisions with confidence. This may influence which products we review and write about (and where those products appear on the site), but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research. We're on your side, even if it means we don't make a cent.Under the Direct Loan Consolidation Program, you can consolidate Subsidized and Unsubsidized Stafford Loans, Supplemental Loans for Students (SLSs), Federally Insured Student Loans (FISLs), PLUS Loans, Direct Loans, Perkins Loans, Health Education Assistance Loans (HEALs), and just about any other type of federal student loan.Loans that are not eligible for consolidation include state or private loans that are not federally guaranteed.