Private Student Loan Consolidation
Student loan consolidation has grown quite dramatically over the past several years as recent graduates try to better afford their growing student loan debt.
There are two types of consolidation loans for student loan debt – federal consolidation loans and private consolidation loans. A federal consolidation loan allows borrowers to consolidate federal student loans ( Stafford , Perkins, PLUS, etc) and federal consolidation loans generally offer unique benefits like a fixed interest rate. A private consolidation loan allows borrowers to consolidate private student loans.
A private consolidation loan combines private loans into one loan allowing borrowers to make one simple monthly payment rather than multiple payments.
While Think Financial does not currently offer a private consolidation loan, we may be able to help you find a product that serves your needs. If you have multiple private student loans, please fill out our form below and we'll respond shortly.
