Hi there! I did try to go into the related Student Loans subreddit listed in the sidebar for this, but it looks fairly dead so I came here anyway, I hope that's not a problem!
My question is, I've been getting lots of letters for Student Loan Consolidation. I have many years left to pay off my student loans, and it feels...daunting. Like I'm getting nowhere. These notices I get are very annoying and don't explain what consolidation is, and it feels very scammy.
Is there a benefit to SL Consolidation? Is it something people should be doing, or maybe it's a case-by-case basis? If you would suggest doing it, what are the most reputable places to do so, rather than the weird places that send you letters that look like overdue bills and cold call you constantly? Currently I pay all my loans via MyFedLoan.
I'll admit, since I started having to pay for my college loans, I haven't really thought about the long term effects it will have on me, and I pay the very minimum at the moment...I'm not very well-versed in this stuff.
Submitted August 24, 2017 at 07:39AM by Sleepy_Salamander http://ift.tt/2wIsvdD
