Understanding the student Consolidation loan
Consolidation of student loans is a situation where the series of loans is combined together to make a larger loan from a single lender, which is then used to pay the balances on other loans. Often, it reduces the size of the monthly payment by extending the duration of the loan beyond the 10-year repayment period.One good thing about it is that you can consolidate your loans with any lender without problem or hassle. Most lenders require a minimum balance before that they will be consolidating your loans. There are many companies of loan service...