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If you?ve had previous or new student loans then you?ll most likely been receiving a fair share of mail about how you can consolidate your student loans. At first the loan application process will seem difficult particularly if you?ve had more than one loan with a few different lenders. However it?s a simple process and here?s a few tips on what to expect when you decide to consolidate your student loans.

Consolidate Student Loans Step 1

Select a good lender with a well established financial institute. You can tell if they are well established because the have a verity of student loans plans and discount schemes. If you consolidate your student loans with a good lender they will be less likely to sell your loan to another lender in the future.

You should not have to pay a fee or any charges when you consolidate your student loans and there is no need for a credit check because ?Federal Student Loans? are guaranteed by the American government.

Step 2

You?ll need to fill out your application form and make sure you have all necessary information about any of your student loans. The application form requires a personal reference so make sure you have one. Last but not leat you?ll have to sign the form but before you do read the fine print (terms

Source: http://www.yodzian.com/html/content/consolidate-your-student-loans-in-3-easy-steps/

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