Jan
4
Some of the lenders offer the Lowest Student Loan Consolidation Rate. If you make timely payments then most of the lenders reduce the consolidation rates. In this way you can save thousands of dollars. Do ask the lenders when the discount rates will start. Most of the lenders offer discount rates after 2 to 3 years. But in case you are unable to pay on time, then you will need to start all over again from the month in which you made late payments. To get the advantage of automatic withdrawal in student loan consolidation programs, you will need to ask the lender to set up automatic debit.
