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Posted by / 11-Apr-2020 04:54

Consolidating and refinancing student loans

Actual APR based on repayment term selected and the creditworthiness of you, and of your cosigner, if applicable.Repayment terms options may include 5, 7, 10, 15 and 20 years based on the amount of your loan and the credit qualifications of you, and your cosigner, if applicable.Repayment of a Direct Consolidation Loan will begin within 60 days after the loan is disbursed (paid out).Your loan servicer will let you know when the first payment is due.You may be contacted by private companies that offer to help you apply for a Direct Consolidation Loan, for a fee. There’s no need to pay anyone for assistance in getting a Direct Consolidation Loan. The loans that were consolidated are paid off and no longer exist.

Competitive Annual Percentage Rate (APR) The range of available APRs differs by repayment term.To request technical assistance while you are signed in and completing the online, select the “Contact Us” tab in the top menu bar of Student From there, you can either complete and submit the feedback form or select “Additional Information” and contact the Student Loan Support Center at the phone number provided.When you apply with Wells Fargo, we will help you to carefully review all of your options.We make it easy to get your personalized rate and payment estimates with no impact to your credit score.

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Refinancing offers a new interest rate as well as options to potentially lower your monthly payment or pay off your loan faster to reduce the interest paid over the life of the loan.

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