For people who have the intention to consolidate their student loans, internet can be considered the most convenient way for them to complete the process. Besides using the online loan calculator to obtain the rough figure of monthly payment, interest rates and term of the new loan, you are also able to search for the best student loan consolidator to manage your loans. Your key task here is to look for the right online lender and the right interest rate.
Do you know that you can actually reduce your monthly student loan payment by as much as 60% if you manage to find the best deal? When doing the comparisons among lenders, there are 3 key factors you need to consider: monthly payment, interest rate and the terms of the loan. Let's take a look at the 3 top online loan consolidators which are highly recommended by people. They have the same characteristics. They offer the college graduates the best rates and they help to save the money during economy crisis.
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Debt Consolidation Dot Com is an online debt consolidator which is operated by the largest debt referral firm, The Credit Exchange in United States. It has been operating for almost 10 years. Their online application is very user friendly and you are able to know almost immediately whether you are eligible for study loan consolidation. With their customized debt relief plans, you can obtain the best course for your particular financial needs.
Loan Approval Direct is not a financial institution but it provides free service for consumers who need financial assistance. By submitting your application online, this online service provider will help to search for the most appropriate lenders to match your financial situation. You can enjoy the benefits like low interest rate (as low as 6%), quick loan approval without collateral, loan limit up to USD 125,000, etc.
Are you familiar with Next Student? It is a consolidator for both federal and private student loans. If you have just graduated or if you will be graduating soon, contact this company to find out how you can reduce your monthly student loan payments. Besides that, this online lender also provides funding for people who need money for higher education.
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