Consolidating credit card debt for students
If you want to lower your monthly payment amount but are concerned about the impact of loan consolidation, you might want to consider deferment or forbearance as options for short-term payment relief, or consider switching to an income-driven repayment plan.
Whom do I contact if I have questions about consolidation?
If you need help getting out of debt, you are not alone.
You also could look at a personal loan to pay off your balances.
Having a large amount of credit card debt can have a negative impact on your credit score.
Although signs show an upturn in the economy, many Americans are deep in debt, and not everyone can work overtime or a second job to pay down that debt.
That's where debt consolidation and other financial options come in.