What are the features of the law school loan consolidation and which are the top 3 companies?

Features of the law school loan consolidation

Law school loan consolidation offers you a chance to pay back your loans in a low and fixed interest rate and reduce your monthly payments with a wide margin of as much as 50%. A smart repayment option, law school consolidation helps you to liquidate your debts without stressing over issues like fees, credit checks, income verifications and payment penalties along with the rise of interest rates in future.

Law school loan consolidation helps you lower your monthly payments by combining all your loans into one, making repayments easier and affordable.

• Reduced monthly payments of almost 50%.
• One bill and one payment only, no need to go through several bills and stress over their multiple payments.
• Improved credit history.
• Flexible repayment options, you decide when you want to pay.
• Helps you save your money for when you need it most.
• No penalties for extra or overpayments.
• Reduces the number of loans you have.

Top 3 companies providing consolidation to law schools:

• The Key Federal Consolidation Loan lets you combine your federal student loans in a single, convenient payment. This too with no fees or prepayment penalties.
• Your loans do not need to be with KeyBank to consolidate.
• Receive an interest rate cut down up to 0.25% at the time you enroll to get your monthly payments automatically deducted from your checking or savings account.
• Consolidation loans with an initial balance of $30,000 or greater will receive a 0.50% interest rate reduction for using the automatic debit program.
• Lock in a low fixed-rate.
• Enjoy one convenient, single monthly payment.
• No credit check.

• Get fixed interest rates as low as 5.375% for the life of your loans, saving you thousands of dollars.
• Combine your loans into one easy payment.
• Reduce monthly payments by up to 50%.

• Using auto-debit with Law School Loans to repay your private consolidation grants an interest rate reduction of 0.25%
• Easy repayment terms
• Low, variable interest rate
• No penalties for prepayment
• One low, handy monthly payment to a single lender rather than multiple monthly payments.
• Law School Loans offers personalized and friendly customer service. One loan consultant works with you throughout the process of consolidation.

• You can borrow a minimum of $3,000 and a maximum of $50,000 a year, based on the credit evaluation.
• The interest rate is set at the Prime Rate (currently 7.0%), adjusted monthly, along with a margin depending on your credit history. The origination fee on the loan depends on your loan amount and credit evaluation.
• Repayment terms of up to 20 years are available.
• You can begin repaying both principal and interest on your Tuition Loan immediately. You can defer paying the principal of the loan for up to 7 years once the loan is disbursed or in the 6 months grace period after graduation or the time you leave school, whichever is the case. During this deferment period, and your in-school deferment period, you will only pay interest charges, which will reduce your monthly payment.

• Cuts your interest rates by 1.25%
• Lowers your monthly payments by 50%
• Defers your payments for up to 3 years.
• Bundles all your loans into one easy-to-manage loan.
• Offers free, simplified solutions for student loan consolidation.
• Provides free debt counseling services to attorneys, paralegals and students studying law.