Student loan consolidation allows you to consolidate all or some of your outstanding education loans into a single new loan, even if your loans are currently held by more than one lender and are of different loan types. By consolidating your student loans you can significantly lower your monthly payments by lengthening the term of your loans and locking in a low fix interest rate.
Benefits of Student Loan Consolidation with Student Loan Xpress
- A fixed interest rate as low as 5.375%, and in some cases even lower.
- Up to an additional 1.25% interest rate reduction through our borrower benefit program
- The ability to reduce your monthly payments by as much as 57% (by applying during grace and extending your repayment terms)
- No prepayment penalties
- Less monthly bill-paying paperwork
- No credit check, no co-signers needed and no fees,
- Easy, dependable customer service-Get answers to all your student loan questions from a single source