Consolidating loans while in school
So if you feel like your interest rate is too high, refinancing could help.
This process will also combine all the loans you refinance into one convenient payment.
Rates are typically higher without a cosigner; however, borrowers that meet these requirements on their own do not need a cosigner (but may still choose to apply with a cosigner).You can find each lender below, along with information on rates, terms, and other key details. But remember, lowering your monthly payments could mean that you end up paying more in interest overall. Student loan consolidation: Consolidation is the process of combining your government loans so that you can make a single monthly payment.Discounts reduce the amount of interest you pay over the life of the loan.The automatic payment discount may not change your monthly payment amount depending on the type of loan you receive, but may reduce the number of payments or reduce the amount of your final payment.