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As a student, it can be hard to keep track of the various loans you have taken out, their interest rates and monthly payments. The solution? a 76 student Used it & can new be from hard $1.25 to keep track of Excerpt the - various page loans 18: you "... have all taken of out your their consumer interest (bad) rates debts. and This monthly in- payments. cludes The all solution? credit Student cards loan car consolidation. loans Student school lStudent loan consolidation. Student loan consolidation means that all the loans you currently owe are brought into one main account and you pay just one monthly payment at a fixed interest rate.
Many banks currently offer the option of student loan consolidation through their loan consolidation programs. Any federal student loans that you have out can be incorporated into the program and they will allow you to have a fixed interest rate, based on the average of all the interest rates. Some banks even offer special deals for student loan consolidation accounts, where the interest rate may be as low as 3-4%.
Student loan consolidation may only be available after you finish school. Since many loans are not payable during the study period, this shouldn’t affect students. However, it is a great idea to shop around for your options before you have to make those first payments after graduation! This helps ensure that you have everything organized before it has a chance to get out of control.
There are many advantages to student loan consolidation. You will find that your interest rates are lower, saving you money, as well as saving time since you won’t be trying to figure out which loans you have already paid for the month and which still need a check. It is well worth setting up a consolidation account today...
High Recommended Books
1.
Free Yourself from Student Loan Debt: Get Out from Under Once and for All by Brian OConnell (Paperback - May 1, 2004)
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Take Control of Your Student Loan Debt by Robin Leonard and Deanne Loonin (Paperback - Aug 2001)
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Excerpt - page 2: "... TAKE CONTROL OF YOUR STUDENT LOAN DEBT f you owe the government, your school or a private lender money ..."
3.
10 Minute Guide to Beating Debt (10 Minute Guides) by Susan Abentrod (Paperback - Aug 1996)
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Excerpt - page 22: "... and child support Debt School loans, credit cards, home equity, and ..."
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The PTA Handbook: Keys to Success in School and Career for the Physical Therapist Assistant by Kathleen Curtis and Peggy DeCelle Newman (Paperback - Dec 14, 2004)
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Physical Therapy Professional Foundations: Keys to Success in School and Career by Kathleen A. Curtis (Paperback - Jan 1, 2002)
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Excerpt - page 34: "... Federal and private loan programs that make graduate education accessible to all are avail- able. In summary, even with a large school loan debt, graduate education is a good ..."
6.
Pay It Down! From Debt to Wealth on $10 a Day by Jean Chatzky (Hardcover - Sep 2, 2004)
.25 to keep track of Excerpt the - various page loans 18: you "... have all taken of out your their consumer interest (bad) rates debts. and This monthly in- payments. cludes The all solution? credit Student cards loan car consolidation. loans Student school loan loans consolidation ..." means › S Buy new: $14.96
Excerpt - page 155: "... with a heap of student loan debt and credit card debt. So ..."
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The Complete Idiot's Guide to Beating Debt, 2E (The Complete Idiot's Guide) by Steven D. Strauss and Azriela Jaffe (Paperback - Sep 2, 2003)
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Excerpt - page 5: "... For example, student loans are good debt if they enabled you to get through school and further your life goals. ..."
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of Excerpt the - various page loans 18: you "... have all taken of out your their consumer interest (bad) rates debts. and This monthly in- payments. cludes The all solution? credit Student cards loan car consolidation. loans Student school loan loans consolidation ..." means › S Debt-Free by 30: Practical Advice for the Young, Broke, and Upwardly Mobile by Jason Anthony and Karl Cluck (Paperback - Jan 2, 2001)
Buy new: $11.90
Excerpt - page 12: "... friend, "Elaine," who, between law school loans and credit card debt, owed more than ,$70,000. To ..."
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9.
Rich Dad's Advisors®: The ABC's of Getting Out of Debt: Turn Bad Debt into Good Debt and Bad Credit into Good Credit (Rich Dad's Advisors) by Garrett Sutton (Paperback - Nov 1, 2004)
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Excerpt - page 18: "... all of your consumer (bad) debts. This in- cludes all credit cards, car loans, school loans, ..."
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