By extending your loan term or selecting one of our graduated repayment plans, you can lower your monthly payments by as much as 45%. Your loan counselor will help you to understand your options. In addition, there is NO PENALTY for early repayment of your loan. However, please note: by extending your payments, your overall financial obligation may increase because you will be making payments (principal plus interest) for a longer period of time. If you do not choose to repay your loan in full prior to the end of the extended period, the total cost of your loan will be greater than what you would have paid if you had not extended the term.
re eligible for our Federal Consolidation Loan so long as, at the time of funding, you: (1) are in your loan grace period or have entered repayment on each loan chosen for consolidation; and (2) consolidate eligible federal student loan debt meeting Chase' minimum balance requirement of 20,000. Other terms and conditions apply. Please contact us for details on eligibility criteria.
The fixed interest rate for your Chase Loan Consolidation Program loan is based on the weighted average of the interest rates of the loans you consolidate (rounded up to the nearest 1/8th percent) or 8.25 which ever is lower. For individuals with variable rate Stafford loans disbursed between 7/1/98 and 6/30/06, and who are now in the repayment period, this interest rate would be 7.25. By taking out a consolidation loan now, you can LOCK IN this 7.25 rate, thereby eliminating the worry that variable rate Stafford loan rates will go up in the future.
Our tr
ained professionals have experience in setting up consolidation loans so you can begin saving quickly. All you need to do is contact us by calling our convenient toll-free number or by applying online and we will get you started! We'll review your information, process your application and work with your current lenders to ensure that all your loan information is up to date and accurate. You finish the process with a single loan; a low, fixed rate; a significantly lower loan payment; and the peace of mind that you have improved your financial situation now, when you need it most. It's that simple.
re eligible for our Federal Consolidation Loan so long as, at the time of funding, you: (1) are in your loan grace period or have entered repayment on each loan chosen for consolidation; and (2) consolidate eligible federal student loan debt meeting Chase' minimum balance requirement of 20,000. Other terms and conditions apply. Please contact us for details on eligibility criteria.The fixed interest rate for your Chase Loan Consolidation Program loan is based on the weighted average of the interest rates of the loans you consolidate (rounded up to the nearest 1/8th percent) or 8.25 which ever is lower. For individuals with variable rate Stafford loans disbursed between 7/1/98 and 6/30/06, and who are now in the repayment period, this interest rate would be 7.25. By taking out a consolidation loan now, you can LOCK IN this 7.25 rate, thereby eliminating the worry that variable rate Stafford loan rates will go up in the future.
