Personal Loan Blog

Now that graduation season is upon us, we asked students to share with us the amount of debt they have accumulated . Here are the results of our poll:

Its awesome, albeit surprising, to see the number of students graduating debt free- conGRADulations! For everyone else, loan repayment might be a growing concern as that 6 month date draws nearer. If youre concerned about making payments for whatever reason, there are some steps you can take to either lower or postpone your repayment.

First, I would suggest consolidating your loans. Consolidation offers a number of benefits including lower monthly payments; Plus, it makes keeping track of multiple loans easier. To defer federal loans, you will need to contact the Department of Education Direct Consolidation department. To consolidate private loans, grads will need to contact a consolidation lender. Interested? Read more about consolidation in our blog, From our Archives: Consolidation.

Here is a link to the Poll Click Here and Show us your Debt!

Similar Posts:

• It’s July 23rd, Do you know where your loans are?
• Income Based Repayment: Can It Work For You?
• A Guide to Home Equity Debt Consolidation Loan
• Steps to consolidation when taking help from a consolidation company
• Taking a debt consolidation programs can bring you peace

Filed under:
Personal Loan by Gemma Maddock