Consolidating all student loans


29-Oct-2016 18:22

You don't have to pay for student loan services or advice.

It's important to understand and carefully consider all factors before consolidating.

College students can take out new loans each year they're in school, so by the time graduation comes, it's common to have half a dozen, or more, individual loans.

Each of them may have different terms, including interest rates.

Department of Education made the landmark decision to allow you to choose your consolidation servicer (of which, Great Lakes is one) under the Direct Consolidation Loan program.

Consolidation gives you the opportunity to choose one of the U. Department of Education's consolidation servicers (of which, Great Lakes is one) to complete and service your Direct Consolidation loan.

Learn more about the free services available to you.



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