President Obama's administration is allowing people with student loans to consolidate their loans into one loan. In some cases, borrowers are granted up to thirty (30) years to repay their loans! This will lower payments for most of us! There will be a quarter of a point reduction in interest. This will also help clear up credit reports (fewer accounts).
This offer is only good for six (6) months (January - June 2012).
Please get the word out to others! This could save someone you know a lot of money over the life of their loan.
You can find more information by contacting your loan servicer. Or contact www.direct.ed.gov
1.800.722.1300
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