Federal help consolidating student loans speed dating businesses in canada
One of the best places to start looking is the federal Direct Consolidation Loan program.
If you did borrow money for college, chances are you received a new loan each semester.
Pick the monthly payment that's right for your budget and get a term and rate matched to that amount.
Precision Pricing™ unlocks terms that are unavailable at other lenders, saving you far beyond a standard refi. When you refinance student loans, you get credit for the positive changes to your financial profile since you originally took out the loans.
Student loan consolidation or refinancing can be a great tool to use for those looking to save on, or simplify, their monthly payments, but going that route can also have serious consequences if not approached carefully – there are even student loan consolidations scams to be aware of.
That’s why we created this guide – to give borrowers a useful resource that empowers them to choose if student loan consolidation is right for them and which type may best suit their needs.
Our data-driven evaluation of your full financial profile gives us the ability to offer qualified borrowers lower, more personalized rates than traditional lenders can.
We look at data other lenders don’t, like savings, education, and earning potential.
This helps us build a better picture of your full financial profile so that we can offer the fairest rates possible rates.
It takes borrowers an average of 21 years to repay their student loans, while 28% of students are in default (or miss payments for 270 days or more) within five years of entering repayment.
The picture painted by these statistics is clear: many borrowers are in over their heads with student loan debt and are looking for relief.