If you want a lower monthly loan payment, consolidating your student loans will likely do that for you.If you have difficulty keeping track of all your student loans, and as a consequence, find yourself missing payments, consolidation will simply all that.There are also a few refinancing options you may consider.

student loan is subject to completion of a loan application/consumer credit agreement, verification of application information, credit qualification, and a benefit to borrower determination.

Are you tired of making multiple student loan payments each and every month?

A Direct Consolidation Loan allows you to consolidate your student loans into a single loan, with a single monthly payment.

The interest rate on your federal consolidated student loan is fixed.

Consolidating multiple loans means you'll have a single payment each month for that combined debt but it may not reduce or pay your debt off sooner.

By understanding how consolidating your debt benefits you, you'll be in a better position to decide if it is the right option for you.

Consolidating multiple credit accounts into one new loan with a single payment may help you lower your overall monthly expenses, increase your cash flow, and eliminate the stress of multiple monthly payments.

When you're choosing the term of a loan, consider the total amount of interest and fees you’ll pay.

Unlike federal loan consolidation, private student loans often come with a variable interest rate when consolidated.

This means your monthly payments will fluctuate as interest rates go up or down.

Like your federal student loans, private student loans may be consolidated into a single monthly payment.