Consolidating Student Loans
5.0
Our ratings take into account a product's rewards, fees, rates and other category-specific attributes. All ratings are determined solely by our editorial team.
Eeasier debt management
Consolidating Student Loans
5.0
Our ratings take into account a product's rewards, fees, rates and other category-specific attributes. All ratings are determined solely by our editorial team.
Combining multiple student loans into a single loan.
Many or all of the products featured here are from our partners who compensate us.
Variable APR
0
N/A
Fixed APR
5%
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Why We Picked It
A longer repayment term means you’ll pay less each month. But you won’t really save money since you’ll pay more in interest over time.
Pros
- Snagging a lower interest rate on your loans
- Adjusting your monthly payments with new repayment terms
- Switching to a new lender with better benefits
Cons
- Losing access to federal programs and plans
- Giving up flexibility in your repayment terms
- Having to meet credit and income requirements
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