Consolidation, Loan Forgiveness, Deferment &Forbearance
Consolidation, Loan Forgiveness, Deferment &Forbearance. What is Consolidation? ∗Combines all or some of your federal loans into a single Consolidation loan. ∗One monthly payment to make/one servicer instead of multiples. ∗May lower monthly payment by giving more time to repay ( but with more interest owed long-term) ∗May reduce interest rate and keep time to repay the same (depending ... ................
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