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Consolidate Student Loans

Alfred Said:

Where can I consolidate my Student Loans?

We Answered:

Your federal loans can be consolidated into the Direct Loan program - go to www.studentloans.gov to get more information.

Private loans are a lot harder. Depending on your credit, you MIGHT be able to find a lender willing to do a consolidation loan. One lender that I've referred students to is Wells Fargo. They consolidate up to $100,000 in education loans. Don't pull your federal loans into this mix though - you'll lose out on a lot of benefits and protections, like deferments or forbearances. Go to www.wellsfargo.com/student to read all the details.

Hope this helps!

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