Consolidating Student Loans Brings More Disposable Monthly Cash

Concerning the federal loans, all kind of upfront fees are against the law

. But the private loan lenders may charge the application and processing fees up to 4 % to the owed capital. The federal consolidation programs do not require a minimum balance of the student loans. The private lenders usually use $ 5.000 - $ 7.500 as the minimum sum, before they take the application into consideration.

Consolidating Student Loans Brings More Disposable Monthly Cash

By: Juhani Tontti

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