Current rates for consolidating student loans
Student loan consolidation: Consolidation is the process of combining your government loans so that you can make a single monthly payment.
Should I refinance my student loans with fixed or variable interest rates? How do I consolidate or refinance my student loans? How much can I save by refinancing my student loans?
Are you tired of paying a high interest rate on your student loan debt?
You may be looking for ways to refinance your student loans at a lower interest rate, but don’t know where to turn.
7 out of 10 graduates are now graduating with some form of student loan debt.
With an average balance of ,400, student debt is a big part of the average college graduate's life.
You can find each lender below, along with information on rates, terms, and other key details. But remember, lowering your monthly payments could mean that you end up paying more in interest overall.
Student loan refinancing: Refinancing is when a student loan lender buys out your existing loans, and gives you a single new loan with a potentially lower interest rate.
So if you feel like your interest rate is too high, refinancing could help.
Learn more about when to consolidate and refinance federal and private loans.
We recommend the lenders above because we thoroughly evaluated them. Can I consolidate private and federal loans together? You can also extend the term of your loan, at the same interest rate.