There are no fees associated with the Direct Consolidation Loan process. Your student loan servicer should be able to answer any questions you have about student loan debt consolidation.
To contact your student loan servicer log into your federal student aid account and look for contact information.student loan refinancing programs available in the private sector.
If you have a tremendous job that pays really well and no dings on your credit report when you leave school, you could find a lender willing to give you a break on interest to get your business. well, it never hurts to ask All federal and private student loans are installment loans and considered good debt because it represents an investment in your future.
Having installment loans in addition to revolving credit like credit cards is great for your credit mix, which makes up 10% of your credit score.
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.