Consolidating loan stafford

Depending on the types of loans you have and your financial goals, you may choose to consolidate through a federal Direct Consolidation Loan with the U. Department of Education, or with a private lender as part of a refinancing process.

See our picks for Best Banks for Refinancing and Consolidating.

If you had to stitch together a patchwork of loans from different sources to pay for college or graduate school, you’re not alone.

With half a dozen bills due at different times each month, you — and millions of other Americans — may struggle to keep track of what you owe and how much interest you’re paying.

Once you’ve made a decision, filling out an online application generally takes around 15 minutes.

You’ll need the following documents: You can consolidate other private and federal loans by refinancing with a private lender.