Consolidating a sallie mae loan a dating profile for wemon
These processes are often confused, but they’re very different.
As part of the process, you’ll need to provide details about your existing federal student loans, and choose a federal loan servicer and repayment plan for your new consolidation loan.
I’ve contacted numerous agencies trying to get consolidated and have had to significantly cut back on monthly utilities, gas, food, etc just to skim by and pay my loan payment.
My question is how can I possibly get Sallie Mae to reduce my monthly loan payment so that it is affordable?
Alternatively, there are six other repayment plans to choose from, including four income-driven plans.
To find the best plan for you, check out Federal Student Aid’s repayment estimators before you begin the consolidation application.
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Additionally, you’ll get a new loan term ranging from 10 to 30 years.