Save Money Today on Your Student Loans
Student loans don't necessarily hurt your credit—in fact, they can even help.
But what happens when you consolidate a student loan? Having good credit is crucial to so many aspects of your financial life—everything from buying a house or car to landing a job. It's smart to know how refinancing will look to creditors before you make the move.
If you’re like a lot of college graduates, you have multiple student loans, all through different lenders.
To cut down on the confusion, you can consolidate your federal loans through a Direct Consolidation loan—or you can refinance them through a private lender, which may yield a lower interest rate. But is it the right choice for you? Let's take a closer look at the pros and cons of refinancing.
Student loans can be a huge financial burden. If you’re struggling to handle your monthly payment, you have some options.
AES is one of the lenders that services federal student loans. If you have federal loans serviced through them, here are four steps you can take to reduce your monthly payment.
In a perfect world, you'd be able to make your student loan payments on time every month. In fact, you'd pay extra.
But in reality, all of us can find ourselves with less cash than we need to pay the bills. If you've been struggling for long enough that your student loans are in default, you're probably looking for a way to get back into compliance with the terms of your repayment plan. Student loan rehabilitation may be your answer.
It’s not unusual for people to talk about student loan refinancing and consolidation like they’re the same thing, but they’re not.
When you refinance, you take out a new loan with a private lender to replace many different private and federal loans. When you consolidate, you’re combining multiple federal loans into a single loan—a Direct Consolidation Loan with the federal government.