Student Loan Consolidation Rates » income-based http://student-loan-consolidation-rates.com Student loan consolidation rates Thu, 13 Aug 2009 02:36:25 +0000 en hourly 1 http://wordpress.org/?v=3.2.1 “Want to Consolidate Your Loan-You’ve Got 1 Option” http://student-loan-consolidation-rates.com/2009/07/14/want-to-consolidate-your-loan-youve-got-1-option/ http://student-loan-consolidation-rates.com/2009/07/14/want-to-consolidate-your-loan-youve-got-1-option/#comments Tue, 14 Jul 2009 02:26:59 +0000 Steve http://student-loan-consolidation-rates.com/?p=146 There’s only one lendor still offering consolidated student loans.  That one lender is the US Department of Education.  Are you having a hard time paying for your loan because of economic problems?  The US Department of Education will allow you to defer your payments for up to 3 years because of money troubles.While your not paying your loan, Uncle Sam will pay any interest incurred on your Standford loan during the period of non-payment.

For most people with economic troubles who aren’t making a lot of money, income-based repayment is the answer for you.  Income-based payment is a payment plan that bases your monthly on the amount of income you currently make.  For more information on income-based payment see our post entitle “Income -Based Repayment Can SLASH Your Monthly Payments”

To reach the Department of Education call 800-557-7392

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