Slash your monthly costs with private student loan consolidation
Real-World Examples
Consider a borrower with $50,000 in private student loans at an average interest rate of 8%. By consolidating these loans with a lender offering a 5% interest rate, the borrower could save hundreds of dollars per month and thousands over the life of the loan4.
Consolidating your private student loans can be a powerful tool to reduce your financial burden. By understanding the benefits and potential drawbacks, and carefully evaluating your options, you can make an informed decision that aligns with your financial goals. As you consider this path, remember to explore the various resources and specialized services available to ensure you're making the most of your consolidation opportunities.