利用者‐会話:Sydu10ys070h

-- Sydu10ys070h 2012年2月16日 (木) 09:27 (UTC)
Student loan debt consolidation is a strategy that allows a student to combine all his loan debts into a single loan, with 1 monthly payment. Student loans are classified into federal student loans and private student loans. Federal student loans are issued by the US Department of Education as well as the Department of Well being and Human Services, and private student loans are administered by the non-federal organizations and other private lenders. Student loan debt includes all kinds of educational expenses incurred by a student to complete his studies. Most students leave college with significant debts. In student loan debt consolidation, the existing loan is paid off either by the US Department of Education or other private and non-federal organizations, depending upon the nature of the loans. A new loan is created with one monthly payment stretching over a period of time. Even so, consolidation rules and regulations are various for federal student loans and private student loans. When federal student loans are consolidated, it lowers the monthly payment by up to 60%. Low fixed interest rates and retention of subsidy benefits are other advantages of federal student loan debt consolidation. The interest rate of the federal student loan consolidation is the weighted average of interest rates of all loans that have been combined. In the case of private student loan consolidation, lenders fix the interest rates. Additional, private student loans are not consolidated with federal student loans. Student loan debt consolidation has become fairly popular in recent years, as it avoids the problem of paying off several separate bills every single month. Right now, there are a number of student loan consolidation services and centers, such as banks participating in the Federal Family members Education Loan (FFEL) program, to cater to the student loan debt consolidation wants. Student loan debt consolidation services are also available by way of the World wide web. settlement programs