Monday, February 25, 2008

Make Your Payments Easier


Do you have different types of college loans and sending checks into various places is a hassle? You can consolidate your different federal student loans to simplify repayment. With a FFEL Consolidation Loan, you will make only one payment a month. Under this program your consolidation loan will be made by a commercial lender, credit bureaus will be notified that your account has a zero balance, and you will sign a new promissory note that will establish a new interest rate and repayment schedule. You must have three voluntary on-time full monthly payments to qualify for the consolidation. Depending on the balance due, the repayment period may extend up to 30 years. Consolidation of the loans is free, and you can choose from as many as four different plans with various term selections to repay the loans. Call to learn more about consolidation of loans at 800-557-7392 or go to http://loanconsolidation.ed.gov/index.shtml.
Application:
https://loanconsolidation.ed.gov/appentry/appindex.html
State: All
Age: All
Incomes Up To (Approx): $1,000,000
Subject Category: Education/Training
Money Type: Loan
Contact:
Federal Direct Consolidation Loans Information Center 800-557-7392; http://loanconsolidation.ed.gov/index.shtml
Application Web Site:
https://loanconsolidation.ed.gov/appentry/appindex.html

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