Student Loans

Anyone who has student loans that are in need of consolidation should act now and get this done before the end of June. On July 1, the guaranteed rates for consolidated student loans will increase dramatically, from 4.7% to 6.54%.In addition, beginning on July 1, a recent change in the law restricts borrowers to one consolidation – regardless if you’ve gone back to school and incurred additional loans above the original consolidation.