Student Loan Consolidation- It’s Not the Same as Refinancing

Last week we covered student loan refinancing and this week we’re talking about something similar, but with key differences: student loan consolidation.

Consolidation and refinancing are terms that sometimes used interchangeably; they both basically take a collection of existing loans and swap them for a single new loan. But which existing loans are eligible and the details of the new loans can be very different between consolidation and refinancing so it’s important to know how they each work. You can read the full article here.