Facts Regarding The Direct Consolidation Loan

A direct consolidation loan allows a borrower to combine several federal student debts into one. By so doing, you'll be able to make a single monthly payment instead of a multiple student loan payments. It is a short term consolidation opportunity offered by the United States Department of Education that started in January 2012. There are number of benefits that accrue from this arrangement. The interest rates are lower and fixed, there is a longer period of time to complete the repayment and Read more [...]