As to the reasons did Sallie Mae stop offering education loan combination?
As to the reasons did Sallie Mae stop offering education loan combination? Get better repayment terms. If your monthly payments are way too highest, you could potentially re-finance and you will lengthen brand new repayment identity on the your loan. Whenever you pay for higher monthly installments and wish to spend out-of your loan shorter, you can refinance so you're able to that loan which have a shorter repayment label. Sallie Mae was previously a loan servicer both for individual figuratively speaking and federal integration loans, however, eliminated giving government consolidation financing when you look at the 2008. In past times, student loan individuals utilized Sallie Mae's consolidation services to combine multiple government finance towards the one Sallie Mae financing. In so doing, they might take advantage of a predetermined…