There is no shortage of information available for recent graduates in the market for student loan consolidation. However, most of the advice and tools available online are published by the same companies who would like to win the borrower's business. Naturally, each company will advertise the best benefits their student loan consolidation program has to offer.
Borrowers need to compare several different lenders and ask for written quotes outlining the terms of the new consolidated loan. The following independent resources provide helpful information on what to look for in a lender, how to negotiate better consolidated loan terms, and more.
Young Money Magazine for Student Loan Consolidation Advice
Launched in 1999, Young Money Magazine is dedicated to teaching young adults how to better handle loans, credit cards, investments, and all other aspects of personal finance education. Young Money employs mostly student journalists to inform and advise others on career, money management and lifestyle issues. Their online Financial Aid section is a directory of dozens of articles on loan repayment, scholarships, and loan consolidation.
Bills.com for Advice, Definitions, and School Loan Consolidation Comparisons
Bills.com offers a variety of articles, online tools and a newsletter on federal or private student loans, repayment options, credit issues, student loan terms and definitions, and consolidation options. They also offer a free quote service to connect borrowers with qualified lenders who may finance a student loan consolidation. This is a simple way for graduates to input their information once and compare the rates and terms offered by a number of lenders.
LendingTree.com Offers Free Student Loan Consolidation Quotes and Articles
LendingTree.com is a secured website certified by the Better Business Bureau. Within the student loan consolidation section, graduates can access free guides and articles on student loan interest deferment, repayment options, and more. A search bar allows graduates to search hundreds of web pages quickly, for helpful tips and information on student loan consolidation. Once the visitor is ready to compare consolidation quotes from different lenders, LendingTree.com compiles a list of options that might suit the graduate's needs.
Suite101.com Offers Impartial Advice on Student Loan Management
Suite101.com, the world's largest online magazine, has an entire section devoted to student loan issues. Freelance writers contribute articles on student loan repayment, default rates, consolidation and more.
Professional editors hold Suite101.com writers to a high standard, ensuring the information available on the website is impartial and referenced to reliable sources. Articles often include links to proven tools and helpful services for readers seeking accurate information and additional help.
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