You might consider student loan consolidation if you have a number of debts from different sources, are having difficulty keeping up with all your repayments, or if you can find a cheaper rate than your student loan lender.
Advantages of student loan consolidation might include:
- Lower monthly repayment
- Only one monthly repayment instead of one for each lender, making your finances easier to manage
- Flexible repayment options
- A lower interest rate, saving you money
It can take longer to pay off all your debts if you consolidate them; bear in mind that it might end up costing you more in the long run, but could make your debt a lot easier to manage.
Get a quote today - use our loan calculator to find out what you could save.
Think carefully before securing other debts against your home. Your home may be repossessed if you do not keep up repayments on your mortgage.