Since we know how important it is to keep your loan in good standing, we are here to help. Below is a list of consolidation agencies that may be able to help you clear your account (s) and get you back on the right track.
By consolidating all of your eligible student loans into a single new loan, you will be able to reduce your initial monthly payments by as much as 40 percent. You will also be able to lower your payments because a consolidation loan can extend your repayment term by as much as 30 years, depending on how much you owe.
You will be offered a low, fixed interest rate as well as several payment options that are designed to meet your individual needs.
In order to consolidate your loans, your outstanding eligible loans must total at least $7,500; and you must be currently in repayment or in the grace period prior to repayment.
For more information, please contact one of the agencies listed below.
LOAN CONSOLIDATION AGENCIES
U.S. Department of Education
Direct Loan Servicing Center
P.O. Box 1723
Montgomery, AL 36102-1723