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Private Student Loan Consolidation
A private consolidation loan from Student Loan Consolidator can cut your monthly loan payments nearly in half by combining all your private student debt into one easy to manage loan.
- Lower your monthly payment amount as much as 45% in the first year*
- A 0.25% interest rate reduction for automatic checking account withdrawal
- No application fees, No prepayment penalties
- Conditional pre-approval decision within minutes online or by phone
Get The Lowest Rate Possible - Apply With A Co-Signer
Applying with a qualified co-signer can greatly increase your chances for approval. A co-signer with great credit could help you get a better interest rate. And with our co-signer release program, you can remove the co-signer after 48 on-time payments.
Apply now online
How Much Can You Save Each Month?
If you consolidate your private student loans right now, you could save hundreds of dollars each month. Here's a quick chart showing how much you could save on your monthly payments:
| Loan Amount | Assumed Current Payment* | Year 1 Monthly Payment | Monthly Savings | Annual Savings |
|---|---|---|---|---|
| $30,000.00 | $289.11 | $158.22 | $130.89 | $1,570.68 |
| $50,000.00 | $482.85 | $263.69 | $218.16 | $2,617.92 |
| $75,000.00 | $722.77 | $395.54 | $327.23 | $3,926.76 |
| $100,000.00 | $963.70 | $527.38 | $436.32 | $5,235.84 |
*Assumes underlying loans are accruing interest at 1-month's LIBOR (5.33%) plus an assumed margin of 4.65% for a coupon rate of 9.98% for a 20 year term
Apply now online or call toll-free
Other Benefits of Private Student Loan Consolidation:
- Co-signer release after 48 on-time payments
- Fast and convenient online loan application
- Interest-only payments available for the first 24 months of repayment
- Interest payments may be tax deductible (consult your tax advisor)
Applying is Simple!
College graduates with any existing, nationally-marketed, private student loans can be eligible for the Student Loan Consolidator Private Consolidation Loan. There are no application fees or other out-of-pocket expenses. Apply with a qualified co-signer and get the lowest rate possible.
