Are you still paying off your college loans or did you just finish college and are wondering how you’ll ever be able to stay up-to-date on payments? Student loan consolidation or refinancing can be a great way to:

  • Lower monthly payments
  • Get out of default
  • Make one loan payment

You can consolidate federal loans and private ones — often consolidating private loans is referred to as student loan refinancing.

Is Student Loan Consolidation Right for Me?

Student loan consolidation can be right for a lot of people as it can allow them to better meet the payment requirements of their loans. You may want to consider consolidating your loans if:

  • You need to become eligible for income-driven repayment or public service loan forgiveness
  • You don’t need a drastically lower payment but want a single payment
  • You want to get your payments back on track after being in default  

To learn if consolidating your loans is right for you, contact The Mortgage House! We offer a free consultation so that you can learn more about the options you have. We can also help you when you wish to get a loan, up your credit, and more towards your financial goals in Fayetteville. Schedule a free consultation today!