Consolidating american education services loans

Borrowers may also opt for a longer repayment length, which can mean lower monthly payments.All AES student loans are eligible for private refinancing, including both federal and private student loans.Today we will talk through the details that have to be considered before refinancing or consolidating any AES student loan.We will explain how and why borrowers might consolidate or refinance their loans.This page has been retained for archival reference.

– When done properly, federal student loan consolidation can help borrowers become eligible for better repayment plans and student loan forgiveness.In both a refinance and a consolidation, old loans are paid off in full and replaced by newer larger loans.Borrowers chose to refinance or consolidate in order to save money on repayment, though the way they save is considerably different.Stop juggling multiple payments to different lenders - consolidate your student loans today!American Education Services, usually called AES, is one the largest servicers of federal and private student loans in the United States.