TopConsumerReviews.com
      August 24, 2016
Home About Us Terms Privacy Policy Contact Us Disclosure

Home  >  Student Loan Consolidation

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

Latest Reviews

Baby Stores

Bridesmaid Dresses

Business Loans

Chinese Lessons

Genealogy Services

Homework Help

Light Fixtures

Swimsuits

 

 

 

 

 

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

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.

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. Additionally, many students receive loans from a number 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. Additionally, consolidating your student loans into a single debt 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!

2016

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
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

Which Employers Are Helping Millennials Repay Their Student Loans?

While Gen X and Boomers often considered pension plans, 401(k)'s, and health insurance among the most important benefits when choosing a job, millennial employees are looking for companies with student loan repayment programs. Today's employment ...

Published:  Tue, 23 Aug 2016 08:46:00 GMT



Creative Alternatives to Taking Student Loans

Student loans, both federal and private, are an essential way that many students fund their higher education needs. According to data from the College Board, the average cost of a year of tuition plus room and board for an in-state student at a public ...

Published:  Tue, 23 Aug 2016 18:28:00 GMT



Student Loans Require Serious Homework

Students and parents applying for student loans are catching a bit of a break from banks and from Congress, which sets rates on federal student loans every summer. Federal student loans first disbursed after July 1, 2016, and before July 1, 2017, are about ...

Published:  Tue, 23 Aug 2016 07:45:00 GMT



Student loan debt continues to be a struggle for many, data show

Americans have a wealth of options for repaying their student loans because of the Obama administration's expansion of programs that cap monthly payments to a percentage of earnings, known as income-based repayment plans. Few people initially knew of the ...

Published:  Tue, 23 Aug 2016 15:01:00 GMT



Student loans: Is paying them off early a good idea?

"Ask Brianna" is a Q&A column from NerdWallet for 20-somethings or anyone else starting out. I'm here to help you manage your money, find a job and pay off student loans - all the real-world stuff no one taught us how to do in college. Send your ...

Published:  Wed, 17 Aug 2016 01:00:00 GMT



Student Loans

There's important information for students who took out loans with Wells Fargo. It was announced Tuesday that you could be getting some money back. The bank is being ordered to pay a nearly $4 million penalty for charging illegal late fees to customers who ...

Published:  Tue, 23 Aug 2016 16:45:00 GMT



6 Ways to Travel When You Have Student Loans

Student loans are a reality for millions of recent graduates and even some of us who have been out of school for a while. Americans alone have 1.36 trillion dollars of student loan debt. That's second only to U.S. mortgage debt. Don't worry! There are ...

Published:  Mon, 22 Aug 2016 03:31:00 GMT



Unique Alternatives To Student Loans

Student loan debt continues to grow in the U.S., with many households dealing with this type of debt. The College Board calculates that tuition and room and board for a public university is now more than $19,000 a year, while private universities cost ...

Published:  Tue, 23 Aug 2016 06:09:00 GMT



There's an $80 billion elephant in the room that could be worse than a recession for Walmart, Home Depot, and Costco

He says that America's more than $1.3 trillion in student loans could hurt the American economy more than a recession because it will last for decades to come. Industry website Retail Dive notes that younger people are so burdened by student-loan debt that ...

Published:  Tue, 23 Aug 2016 19:04:00 GMT



 

 

 

Home      About Us      Terms & Conditions      Privacy Policy      Contact Us