Consolidating sallie mae loans federal loans

However, private student loans are a bit more unregulated.If you run into trouble paying back your student loan and happen to have picked a lender who tends to be more forgiving, count yourself lucky.

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It may be difficult for some graduates and undergraduates to find loan consolidators that deal with both private and federal loan consolidation, as most loan consolidators are no longer willing to provide services for federal loans.There are over ten different companies that can consolidate private student debt.When you consolidate you will have the option to select a new term length and interest rate type.The student loan issue has caught on with politicians and the Consumer Financial Protection Bureau.Sallie Mae (Student Loan Marketing Association) loans issued by SLM Corporation (SLM) cannot be forgiven.

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