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Private Student Loan Consolidation for Student Loans – CollegeSpot.com
Private Student Loan Consolidation
Private student loan consolidation allows you to consolidate your private student loans into one easy to manage loan. Private loan consolidations are credit based and it is not advised to ever consolidate your federal student loans into a private student loan consolidation because you will lose your federal benefits on those federal loans.
Since private loan consolidations are credit based loans you will have to have your credit checked unlike a federal student loan consolidation. Additionally, unlike federal loan consolidations the interest rates are different so we do advise that you shop around to find the best rate.
Private Student Loan Consolidation
Private student loan consolidation allows you to consolidate your private student loans into one easy to manage loan. Private loan consolidations are credit based and it is not advised to ever consolidate your federal student loans into a private student loan consolidation because you will lose your federal benefits on those federal loans.
Since private loan consolidations are credit based loans you will have to have your credit checked unlike a federal student loan consolidation. Additionally, unlike federal loan consolidations the interest rates are different so we do advise that you shop around to find the best rate.