I love, love, LOVE that Earnest has biweekly payment options so that I can align payments with my paydays! A few of the other bigger named consolidation service providers wouldn't work with me since my smaller named college wasn't in their databases.
Earnest gladly worked with me and I'm extremely satisfied with the services they've provided.
Finding a Personal Consolidation Loan Using a Balance Transfer Consolidating Student Loans Community Q&A Loan consolidation can save you money if done right.
Long story, short, they were able and did so very quickly allowing me to keep the payment flexibility I love with Earnest while getting a better fixed rate. Earnest lowered my fixed interest rate, shortened my payoff date and provided me 0 for transferring my student loans. With that being said, I felt that my rate wasn't as low as possible.Refinancing student loans, on the other hand, is a step beyond consolidation.When you refinance multiple loans, the lender will evaluate your current financial profile to provide a rate that reflects your financial progress since you originally took out the loans. Why not strive to offer your customers the best deals instead of making them jump through hoops to re-apply for a much better rate?I have had to contact customer service for a few questions that I had.Each time my response was received complete and timely. I was in the trenches for quite some time before I came across Earnest.Many refinancers didn't want to consolidate federal and private, many others had a much longer application process and their interest rates did not come close to what Earnest could offer me.Now, I am finally able to see light at the end of the tunnel with my student loans!If you consolidate student loans, you have other options.Are you tired of managing multiple federal student loan payments, with multiple interest rates or multiple servicers? The program may allow you to consolidate your federal loans into one, and select the consolidation servicer of your choice.So whether you want to pay off your student faster or just reduce your student loan payments, we can help.Student loan consolidation is the process of unifying several loans with different rates and terms into a single loan with a single payment.