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Posted by / 03-Dec-2017 04:34

Reconsolidating student loan

Take control of your student loan repayment by refinancing with Georgia's Own Credit Union!

You'll be able to refinance and consolidate your private and federal student loans (including PLUS loans) into one manageable loan, setting up one convenient payment, and potentially lowering your rate IMPORTANT NOTICE: By refinancing federal student loans, you may lose certain borrower benefits from your original loans.

Check out the official government site for all the details on eligibility.

If you're consolidating with a private lender, consolidating your loans means combining and refinancing your loans into one new private loan.

These may include interest rate discounts, principal rebates, or some cancellation benefits that can significantly reduce the cost of repaying your loans.

Please review this important disclosure for more information.

You may also qualify for a low interest rate, which can net you significant savings over the life of your loan.

This Huffington Post piece can help you pick the best type of consolidation loan in just five steps.

For variable rate REFI loans, this calculation is based on the variable interest rate initially in effect on the REFI loan.

Learn more Applying for a MEFA Education Refinancing Loan is easy and free, and takes just a few minutes for pre-approval. Click the green button below to complete our online application and get an instant credit decision. After receiving pre-approval, upload the requested documents to verify your income and current loan details, including a payoff statement from each of your current lenders. After final approval, select between a fixed or variable interest rate. Apply Online We want to ensure you know everything about this product before you apply.

Our average monthly payment reduction is based on MEFA REFI loan borrowers who refinanced their loans from January 5, 2016 through September 15, 2017.

You'll convert all of those loans into a new private loan in the process.

Check out Common Bond's student loan consolidation page for more details on refinancing and consolidation options.

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