College Loan Consolidation, Federal Loan Consolidation, Private Loan Consolidation, Student Loan Consolidation

America's Top Student Loan Provider

Bad Credit Student Loan Consolidation
The best thing to do when it comes to bad credit student loan consolidation is to be prepared. In your junior high school years or when you make the decision to go to college, start planning ahead for your financial stability. As you investigate the colleges, schools and courses that are available to you, begin to work out your bad credit student loan consolidation plans. This will help you obtain a student loan more easily and speedily and will hopefully mean that you can make the repayments. If you can, you may never need bad credit student loan consolidation when you have borrowed from here, there and everywhere and are now defaulting on your repayments. However, increasingly people are finding that this is a vain hope and they are turning to bad credit student loan consolidation.

Getting Off to a Bad Start

Nowadays, a higher percentage of people are going to college, but this means that there are more students who cannot obtain financial help from their parents. If your college requires you to pay tuition fees up front and you - as is typical for a student - do not have any collateral, you may have to start off with a bad credit student loan. Consolidation can soon follow as you're tempted to take out a credit card or two to tide you over between checks - after all, you have to live, right? A bad credit student loan can be either secured or unsecured, depending on whether you own a home.

The Reality Is...

A lot of students don't have the money to pay for their education but they know they need it to stand any chance of getting a good job. Therefore, there is a need for student loans. If a student already has bad credit - as people start early defaulting on their payments these days - then they will need a bad credit student loan; consolidation can help you because you can bring all your debts together and begin to pay them off in one monthly payment. That gives you financial peace of mind and lets you concentrate on your studies.

So What Can You Do?

A bad credit student loan consolidation deal can solve one of the problems of bad credit loans - high interest. Consolidating your debts by placing them with one lender can often induce them to offer you a lower interest rate; but you need to shop around. Once you have picked three schools or colleges where you are most likely to be attending, talk to the admissions office about your bad credit student loan consolidation options. They will be happy and qualified to advise you.

The Good News Is...

You can wait until you graduate and start earning before you pay off your bad credit student loan; consolidation should mean that you don't owe money elsewhere. So long as you are careful and don't go on running up debts, this arrangement should allow you the breathing space you need to sort out your finances.


Article Title : Bad Credit Student Loan Consolidation
Comment not found for this article.

Related articles
• How To Reduce Student Loan Payments through Refinancing
• Student Loan Bill Consolidation
• Refinancing Student Loans - The Process
• Survive Extravagant Tuition Costs With a Low Interest College Student Loan
• Essentials Of Student Loan Debt Consolidation You Need To Know

Share this story:
  • BlinkList
  • blogmarks
  • Digg
  • Facebook
  • Google
  • Sphinn
  • MySpace
  • NewsVine
  • Simpy
  • StumbleUpon
  • Technorati
  • E-mail this story to a friend!
  • Print this article!
  • Faves
  • Furl
  • Netvouz
  • Slashdot
  • Spurl
  • Yahoo! Buzz

EdFed introduces… Awareness… Learnal
At, EdFed, we proudly introduce 'articles on student loans' and 'Learnal - the journal to learn from', our free newsletter on student loan management, which is sure to keep you informed of the latest events and happenings in the student loan market. To receive your copy of the above just use the RSS feed below and add this to your "My Yahoo", blogs, newstickers, and other similar channels accepting distributable content.
Click here to sign up for our Weekly Newswire now!

How EdFed Helped others!
The service I received from EdFed was unbeatable in comparison to other lenders. They were highly trained and very friendly. I felt confident that they could help me, and they did. I saved $23,261 on my federal loans. Thank you EdFed.
- Jake K.  Omaha, NE
* Your Name: * Your E-mail Address:

We respect your privacy.
* Your Friend's name: * Your Friend's E-mail address:
Include a Message:
+ Privacy Policy

Student Loan Consolidation Info - How to Choose the Right Loan Company

This column is sponsored by Granted, America's top job search engine. The Career Resources column is presented by Granted, America's leading job search engine dedicated to getting people jobs.

Education is one of the most basic right of any human, but with the increase in prices and the costs involved in education this has made these rights turn into a privilege which very few can enjoy. Any normal person today in the whole of United States has to take an education loan at one point of time to pay for their education fees.

read more
Schools Will No Longer Receive Paper FAFSA Forms
(September 20, 2007)

news desk
Stafford Loan Payment Calculator
PLUS Loan Payment Calculator
Loan Consolidation Payment Calculator
Glossary of Terms
Loan Comparison Chart
Scholarship Search
If you don't know who currently holds your loans, we can find lender names and addresses for you. Give us a call at 800-821-5659--this information is free, and you will be under no obligation.
US School Directory
Comprehensive List of Schools at which EdFed Assists Students.
EdFed is a FFELP lender with lender identification number 834241.
© Copyright 2020 EdFed. All Rights Reserved.

Home · About Us · Contact Us · News · Sitemap
Career Advice · Tell a Friend · Privacy Policy · Resume Service
Resume Distribution Service · Post Resume · Job Search Course
Sign up for the latest news on student loans.
Email Address:
+ Most Recent Newsletter
+ Newsletter Archives