Student Loan Consolidation

Are you overburdened with student loan debt? Does it seem like your payments are a serious hindrance on your bank balance? Well, the time is now to lock in a lower fixed rate and combine all balances into one so there is only one payment to keep track of each month. What is this called? Student loan consolidation. Accomplish this with student loan consolidation How will you do this? You will do it by securing yourself a federally guaranteed student loan consolidation. Why continue making payments one each loan with a variable rate when you can get a lowered rate that is fixed for the life of repayment on your student loans? Knowing these programs are federally guaranteed should squelch any insecurity you may have. Get your student loan debt consolidation started now. Which programs are federally guaranteed? Federal Subsidized and Unsubsidized Stafford Loans Federal Direct Subsidized and Unsubsidized Loans Federal Supplementary Loans (SLS) Federal Perkins Loans Federal Nursing Student Loans (NSL) Health Professions Student Loans (HPSL) Health Education Assistance Loans (HEAL) Federal PLUS Loans Federal Direct PLUS Loans Qualifying for student loan consolidation is easy If you have one or more of these loan types, you may qualify for a federally guaranteed student loan consolidation. Because of record-breaking interest rate lows, recently applicants have obtained student loan consolidation rates falling below 2%. The way in which the student loan consolidation rate is configured is through calculating the weighted average of all your existing accounts. Typically though, most applicants are reportedly getting rates anywhere from 2.9 % to 4.2%. And you can too! Jump on these offers before rates hike up again. Are You Licking Your Chops? If this sounds feasible to you and you are one of the candidates that will save valuable time and money from a student loan consolidation partnership, definitely move on it as upcoming legislation may make obtaining a fixed rate obsolete. Their is a heated debate going on the topic of fixed vs. variable rate. Of course, with a variable rate, you are subject to inflation for the life of your loan repayment. Whereas, with a fixed rate, you lock in the (low) rate for the life of the loan. Do yourself a favor and contact a student loan consolidation center today.