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The form asks basic questions (name, social security number, date of birth, address, etc.); what loans you do and do not want to consolidate; and what repayment plan you will be using.
There also is a section detailing certifications, terms and conditions and borrower’s rights and responsibilities.
Most of them could streamline the repayment process by consolidating their student loans. Get Help With Your Student Debt It simplifies repayment and could save you money.The market for consolidating and refinancing student loan debt has exploded over the last five years.Online lenders So Fi and Lend Key have jumped to the front of the line among newcomers who are becoming big players in a business that traditionally was dominated by banks and credit unions.It is quite common for people with student loans to deal with 10-12 lending institutions, which means 10-12 payments and 10-12 due dates each month.
When you consolidate Loan consolidation for student loans was created to make it easier for millions of borrowers to pay off their debt.
The Federal Direct Consolidation Loan program starts with filling out an application and promissory note at this site.