Direct Consolidation Loans (traditional) Note: If you are looking for information on Special Direct Consolidation Loans, please go to the Special Direct Consolidation. FinAid | Loans | Student Loan Consolidation Debt consolidation entails taking out one loan to pay off many others. This is often done to secure a lower interest rate, secure a fixed interest rate or for the. Consolidation Loans combine several student or parent loans into one bigger loan from a single lender, which is then used to pay off the balances on the other loans. What are the benefits of a Direct Consolidation Loan? What are the differences between FFEL Consolidation vs. Direct Consolidation? Who is eligible for a Direct. The Direct Consolidation Loans Web Site-this U.S. Department of Education web site provides information to borrowers, schools, and loan holders. Borrowers can apply.
Direct Consolidation Loans (traditional) - U.S. Department of.
Many financial institutions advertise consolidation loans as a way to improve the borrower's financial situation. They may promise a lower payment, lower rates and. Direct Consolidation Loan - Frequently Asked Questions What Is a Consolidation Loan? | eHow.com
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