TopConsumerReviews.com
      March 28, 2017

Home  >  Student Loan Consolidation

Best Student

Loan Consolidation

  1. SoFi
  2. Student Loan Cons
  3. LendKey
  4. Chase Loan Cons
  5. Wells Fargo
  6. Fed Loan Cons

Your Information Is Secure
Everything You Need To Know About Student Loans Newsletter

Latest Reviews

Baby Strollers

Credit Card Consolidation

Installment Loans

Lab Testing

Latin Lessons

Outdoor Furniture

Rowing Machines

Rug Stores

Sign Language Lessons

Web Hosting

 

 

 

 

 

Stop hair loss now with Provillus!

Disclosure: We pay our reviewers for their reviews. We are not compensated by companies for their reviews, but we are compensated for links and advertisements on our website. Click here for details.

Student Loan Consolidation Better Business Bureau Reliability Seal

Whether you have federal student loans (such as Stafford, PLUS, or Federal Perkins loans) or private student loans, there are a number of student loan consolidation services that can help you consolidate your loans into one single debt. This can result in lower interest rates, and, in some cases, dramatically reduced monthly loan payments.

Many consolidation services offer fixed interest rates for the life of the loan, which can lock in your savings for years to come. This is good since consolidation loans typically have longer terms than other loans - usually anywhere from 10 to 30 years.

Continue reading below reviews

2017

Student Loan Consolidation Reviews

5 stars
National Debt Relief

NATIONAL DEBT RELIEFTopConsumerReviews.com Best-In-Class Blue Ribbon Award

National Debt Relief is a leading provider of financial solutions, and they have an impressive range of options for both private and federal student loans. This company comes with a strong reputation, maintains a strong "A" rating from the Better Business Bureau, and offers a 100% money back guarantee with their plans. If you're in the market to consolidate and better manage your student loans, National Debt Relief should be your first choice. Read More... Visit
Site

4.5 stars
SoFi

SOFI

SoFi (which is pronounced "SEW-fi", short for "SOcial FInance") is one of the most innovative resources available for both federal and private student loan consolidation. Their user-friendly website, including helpful articles to help students navigate the world of finance, makes it easy to understand all of your options. SoFi is also the only lender we found that offers unemployment protection, which may allow you to suspend your loan repayments for up to 12 months if you lose your job. SoFi should absolutely be on your short list for lenders if you're looking to consolidate your student loans.
Read More... Visit
Site

4.5 stars
Student Loan Consolidator

STUDENT LOAN CONSOLIDATOR

Student Loan Consolidator offers both federal and private student loan consolidation. They also offer special options, such as interest-rate reductions and interest-only payments. Additionally, they provide a toll-free number that enables you to contact loan counselors with any questions you might have. Read More... Visit
Site

4 stars
LendKey

LENDKEY

LendKey is an online provider of student loan consolidation services with strong customer reviews. Their ability to connect students with community banks and credit unions for both federal and private school loans makes them a good choice for most consumers, though occasional issues with the website may prove frustrating. Read More... Visit
Site

4 stars
Chase Loan Consolidation

CHASE LOAN CONSOLIDATION

Chase is a leading financial services institution and one you can trust when it comes to federal student loan consolidation. Their online application is quick and easy, and you can find out whether you are eligible for their services within moments. Chase has a professional website that is easy to navigate and use. However, Chase does not quite offer the same level of service as our higher-rated selection. Read More... Visit
Site

3.5 stars
Wells Fargo Student Loan Consolidation

WELLS FARGO LOAN CONSOLIDATION

Wells Fargo offers competitive loan consolidation for those who are consolidating only private student loans. They do not offer consolidation of Federal loans, which dropped them a bit in our ranking.
Read More... Visit
Site

3 stars
Federal Loan Consolidation

FEDERAL LOAN CONSOLIDATION

Federal Loan Consolidation offers the consolidation of Federal Education Loans. The website is robust with information, but at times difficult to understand and lacks the professionalism that most people have come to expect.
Read More... Visit
Site

Continued from above

A recent study by the National Center for Education Statistics shows that half of all recent college graduates have an average student loan debt of $10,000. For some students, this amount is much higher. Many students receive loans from a variety of sources.

There are many advantages to consolidating all of these loans into a single debt. With interest rates at record lows, you will most likely receive a better rate by consolidating your loans now than when you first got your loans. The second advantage is reducing the number of creditors you have, which makes it easier to keep track of monthly loan payments. Consolidating your student loans into a single debt also simplifies the repayment process, making it less likely that you will default on your loan payments.

There are a number of services available to help you in this process. Some only offer federal student loan consolidation, while others enable you to consolidate both federal and private student loans. Therefore, it is important to make sure that the student loan consolidation service you choose meets your student loan consolidation needs.

Additionally, while some websites provide instant, online loan quotes, other websites do not. You will want to make sure that the service you select provides you with the information you need to make consolidation decisions.

There are a variety of issues to consider when looking for a student loan consolidation plan. Some of these include:

  • Information. Does the website provide adequate information to help you make student loan consolidation decisions?
  • Quality of Service. Does the website provide consolidation solutions that meet your needs?
  • Professionalism. Is the website professional and credible? Does the consolidation service have a strong reputation in the industry?

TopConsumerReviews.com has reviewed the best student loan consolidation programs available today. We hope this information helps you select the student loan consolidation program that's right for you!

Defaulting on some student loans gets more costly

Defaulting on college loans is always a bad idea. It not only triggers a harsh debt-collection process, it can also savage your credit rating and make borrowing difficult and more expensive. And now, a move by the Trump administration will make student ...

Published:  Mon, 27 Mar 2017 02:00:00 GMT



Don't Sleep on the Trump Administration and Student Loans

One higher education category ignored, for the most part, in Trump's "skinny budget" is the federal government's student loan program. It is unlikely to go unnoticed for long. Trump and Republican policymakers have called for the federal government ...

Published:  Sun, 26 Mar 2017 15:13:00 GMT



This makes it even harder for people to pay their student loans

Add this to the list of potential consequences of the housing bust: Rising student loan defaults. Drops in housing prices during the Great Recession account for between 24% and 32% of the rise in student loan defaults during the same period, according to a ...

Published:  Sun, 26 Mar 2017 22:52:00 GMT



3 Reasons Why We Should Stop Treating Student Loans As "Good Debt"

At the heart of this discussion is, "How should we educate ourselves about money?" Another blogger named Kyle recently wrote about this via an excellent guest post on what we teach our children in schools. The summary is scary: we teach students ...

Published:  Mon, 27 Mar 2017 13:20:00 GMT



Reliamax has advantage in student loan fintech space

If you're going to be the only insurer of private student loans, you better know the industry. Armed with three decades' worth of data ReliaMax definitely does, CEO Mike VanErdewyk insists. The ReliaMax story begins when Mr. VanErdewyk acquired Hemar ...

Published:  Mon, 27 Mar 2017 18:13:00 GMT



5 ways to repay your student loans fast

If there's one obstacle that prevents most millennials from investing, it's the burden of college loans. The average student debt for 2016 graduates is a record $37,172, up 6.05 percent from a year earlier, according to Mark Kantrowitz, publisher and ...

Published:  Mon, 27 Mar 2017 06:15:00 GMT



Trump administration rolls back protections for people in default on student loans

Days after a report on federal student loans revealed a double-digit rise in defaults, President Trump's administration revoked federal guidance Thursday that barred student debt collectors from charging high fees on past-due loans. [Student loan ...

Published:  Fri, 17 Mar 2017 09:29:00 GMT



Refinancing student loans a real solution

It is long past time to have a serious public policy debate in the media, in academia and in the halls of government in Madison and Washington, D.C. about solutions to the $1.4 trillion crisis of student loan debt that ensnares over 43 million Americans.

Published:  Wed, 22 Mar 2017 11:14:00 GMT



Share Us!    Share TopConsumerReviews.com on Twitter Share TopConsumerReviews.com on LinkedIn Share TopConsumerReviews.com on Google+ Share TopConsumerReviews.com on Pinterest

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us      Disclosure