Understanding
Consolidation
The Consolidation Center has helped thousands of borrowers
maintain a low fixed interest rate for the life of the loan.
There is no obligation, no origination fees, and no prepayment
penalties with this program. Our consolidation specialist
representatives are always happy to provide you with the information
you need to make your decision. We provide a program that
can help you cut your monthly payments on your student loans
by up to 50%.
| Why Consolidate? |
 |
Reduce your monthly
payment by up to 50% |
|
A single company will service your
loan for the life of the loan |
|
No prepayment penalties |
|
No fees or charges to consolidate |
|
Consolidation can reduce your debt
to income ratio giving you more lending power |
|
Portion of interest may be tax
deductible (consult a tax professional) |
|
Choice of payment plan (equal,
graduated etc.) |
|
Forbearance and Deferment privileges
still available |
Single Company
After the consolidation process, your
loan will always stay within Brazos and will be serviced by
one entity for the life of the loan. One point of contact
will make managing your student loan debt easier.
No penalties, fees, or other
charges
There are no prepayment penalties
for paying a federal consolidation loan off early. There are
also no origination fees or charges to do a consolidation
loan.
Debt vs. Income Ratio
Consolidation helps your debt
to income ratio by lowering your monthly payment to free up
money for you to use on other expenses.
Tax-Deductible Interest
Once your Stafford loans are consolidated
a portion of the interest may be tax-deductible. Please consult
a tax professional for more information. |
Georgia
Cameron
