Student Loan Debt Consolidation
What Is It?
Student loan debt consolidation allows the borrower to get a handle on their monthly cash flow by reducing the amount of money they have to lay out monthly to pay down student debt. It is a no-penalty option because if the borrower has extra funds available on any given month, they can further consolidate their student loan debt without incurring any penalty for an accelerated payoff.
An additional benefit is that it lowers the borrower's debt-to-income ratio, making them a more qualified borrower for other creditors. So anecdotally, if a borrower owes less money on a monthly basis, they will be more qualified for home loans, car loans, consumer product loans, etc.
Why deal with us when so many other firms are soliciting your student loan debt consolidation business? Simple. We keep it simple for you. We assign you a consolidation counselor, and that one person is the only one you have to deal with throughout the entire process. There won't be any need for you to repeatedly explain your situation to someone new whenever you call us.
Additionally, you'll get the best rates and terms available in the industry.
In order to benefit, the student loan debt consolidation candidate must have at least $10,000 in federal student loan debt that has not already been consolidated. You must also have left school (whether graduated or not), or will be out of school within the next 90 days, and must not be in default on your existing federal student loans.
We would love the opportunity to hear from you to discuss the most appropriate strategy for consolidating your federal debt. Do give us a call.
