Consolidate Student Loans Coalinga CA

A college graduate is paying varying interest rates on multiple student loans.

Loan Modification Center
(949) 252-1155
1820 E Garry Ave
Santa Ana, CA
 
Butte Community Bank
(530) 891-3494
2041 Forest Ave
Chico, CA
 
ACE Cash Express
(209) 551-7911
2508 Oakdale Rd
Modesto, CA
 
Bank of America Shaw Westgate Branch
(559) 228-7850
3411 W. Shaw
Fresno, CA
 
Westwood Check Cashing Etc
(310) 474-3555
2180 Westwood Blvd
Los Angeles, CA
 
California Check Cashing Stores
(530) 879-9500
1456 Mangrove Ave
Chico, CA
 
Allied Cash Advance
(415) 252-0872
1665 Bryant St
San Francisco, CA
 
Wells Fargo Bank - Sunnyside Plaza
(559) 453-1259
5642 E. Kings Canyon Rd
Fresno, CA
 
Wescom Credit Union Main Office
(888) 493-7266
5681 E. La Palma Ave.
Anaheim, CA
 
Washington Mutual
(310) 391-8212
12335 Venice Blvd
Los Angeles, CA
 

Consolidate Student Loans

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Q: I wanted to know if it is better to make payments to my current student loan of $200 per month at a 6.8% interest rate or if I should continue to pay on my past loans at 3.25%.
Thanks for your help!

A: Students who are making payments on their student loans face the challenge of having multiple interest rates to juggle. This is a common situation where you consolidated your undergraduate loans at a lower interest rate and took out new student loans at the current interest rate. 

The current interest rate on Stafford loans is 6.8% fixed.  In comparison, when you separate from school again, you can be making payments on multiple interest rates. 

The best thing for a student would be to take all your student loan payments and combine them into one new consolidated student loan; this will result in a lower monthly payment, lower than what you had been paying keeping them separate. 

The most common reason graduates choose to go this route is to lock in a new loan with a much lower interest rate, which in turn creates more cash flow for you each month and more cash on hand for other expenses. 

Adam Hoffman
Quality Control Specialist
OneSimpleLoan

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