Thursday, December 22, 2011

School loan consolidation, help!?

Make this decison carefully. There are alot of changes in the industry. Also most lenders have removed ALL borrower benefits from consolidation loans and minimums have gone up. It is not really profitable for lenders anymore. Also the interest rate will the the SAME no matter which lender you choose due to the weighted average. Review you current borrower benefits to see if you are better off staying as you are. Consolidation is NOT ALWAYS the best way to go. Good Luck!!

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