Merits and Demerits of Consolidate Student Loans

The biggest advantage of a student loan consolidation program is the conversion and merging of multiple loan payments into one convenient consolidated student loan. When you get these with a reset of terms you get an advantageous position. Consolidation brings with it several benefits like moratorium and lower monthly payments, thereby reducing your loan worries…

When is the Best Time to Consolidate Student Loans?

When is the Best Time to Consolidate Student Loans?

There is no better time than now to consolidate student loans. Consolidating or refinancing student loans can easily save borrowers up to 52% on their current loan payments, so most people are eager to consolidate as soon as possible. Many students take out subsidized and non-subsidized Stafford loans each year of college—a total of 8…