Consolidating Into (Or Refinancing Out Of) Favorable Federal Student Loan Programs

Consolidating Into (Or Refinancing Out Of) Favorable Federal Student Loan Programs

By claiming their account, the system will show any and all student loans that are actually part of Federal programs, and the relevant loan details (including which program it is, when it was taken out, and the current loan balance and interest rate)

does ally offer personal loans

To determine whether any of the student’s loans are actually Federal, the student can request their (Federal) loan information through the National Student Loan Data System (NSLDS).

To identify and verify all other loans, students should obtain a copy of their credit report (e.g., via the Federal once-per-year free credit report program) to identify all outstanding loans. Lire la suite