Not exact matches
In addition to the standard ten - year repayment, government
debt consolidation loan
programs offer four repayment plans: standard plan,
extended payment plan, graduated payment plan (DL only) and income contingent repayment plan (FFEL only).
When it comes to student
debt consolidation, you need to make sure you will save money by reducing the interest rate or at least, your monthly payments will be reduced by
extending the repayment
program of your loans with the new student
consolidation loan.
Payday loan
debt consolidation companies also might help you get into a
debt management
program where you pay off the amount over an
extended period of time.
Furthermore, unlike federal
programs, many private student loan
consolidation programs allow borrowers to combine both federal and private education
debt,
extending any potential benefits to their entire student loan profile.