Start Consolidating private loans companies

Consolidating private loans companies

The rates on the loan consolidations depend on your credit profile.

Today, graduates are leaving campus holding a diploma in one hand, and an average of $17,000 in debt in the other.

In America, student debt is the second largest class of consumer debt.

With an average balance of $28,400, student debt is a big part of the average college graduate's life.

At Lend EDU, we help borrowers compare the top student loan companies in one place.

Federal student loan borrowers have the option of consolidating their loans via the Direct Consolidation Loan program offered by the U. That loan is then serviced by the servicer of your choosing – of which Nelnet is one!

Consolidating allows you to merge multiple eligible loans into a single loan.

By now you should know the basics behind student loan consolidation and refinancing.