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» Questions about Student Loan Consolidation
Answers to frequently asked questions about student loan consolidation. Questions about Student Loan ConsolidationrnThe Federal Consolidation Loan has a fixed interest rate and a repayment term of up to 30 years depending on the total amount of your student loan debt.
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» Debt consolidation - Wikipedia, the free encyclopedia
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 convenience of servicing only one loan.
Debt consolidation can simply be from a number of unsecured loans into another unsecured loan, but more often it involves a secured loan against an asset that serves as collateral, most commonly a house. In this case, a mortgage is secured against the house. The collateralization of the loan allows a lower interest rate than without it, because by collateralizing, the asset owner agrees to a
[more details] >>> Debt consolidation - Wikipedia, the free encyclopedia
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