Shopping Around for Student Loan Consolidation

We understand that every penny counts, especially when you're just out of college and you're just getting started. There's no better time to consolidate your student loans, and it's certainly a great idea to compare student loan consolidation companies to see which best fits your needs. There are differences when it comes to consolidation companies, here are some important things you should know when you're shopping around.

Everyone starts with the same consolidation rates.

Federal student loan consolidation rates are based on the weighted average of your federal student loan rates. These rates are set by Congress every year and are based on the 91 day Treasury Bill rate at the last auction in May. Want to know what the latest rates are? Visit our projected rates page.

That said, no consolidation company can start you off with a lower rate than another - we (consolidation companies) are all required to start with the same federal rates.

Customer service matters.

Just for fun, we took an hour one afternoon and called around to five of our "best" competitors. What we found was astonishing - in some cases, loan counselors were unable to answer even basic questions about consolidation. You will get the answers you need to make the best decision possible - even if that decision is not consolidating with us.

We take your financial situation very seriously and want to help you make the best decisions possible when it comes to your student loans. Request a free information packet and application today by using our online form.