StudentLoanConsolidation.name is not acting as a lender. The information provided by you to StudentLoanConsolidation.name is not an application for a loan. A lender within our network may independently verify the information you submitted herein and provide you with loan options based on that verified information. We do not represent all lenders in the marketplace and therefore cannot guarantee the lowest price or best terms available in the market.
The 4.5 percent interest rate is available through a network lender and includes the following applied benefits: .60 percent rate reduction for consolidating after graduation; .25 percent rate reduction when students use Auto Debit, and a 1 percent reduction when student borrowers make 36 consecutive on-time payments, or 2 percent reduction after 48 consecutive on-time payments. Your interest rate may be higher or lower based on your existing loans as the interest rate for a consolidation loan is the weighted average of the interest rates of the loans being consolidated, rounded up to the nearest one-eight of one percent.
