The interest rate will be the weighted average of all your old loans.
You can also consolidate and/or refinance federal and private student loans with a new private loan consolidation.
You should consolidate your loans if: I took the route of consolidating my student loans back when I graduated in 2009, and I have been happy with the results.
I had four or five different student loans, and the consolidation loan took all those loans and combined them into one.
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Either of these options can help, but you may find one option is better than the other.Accounting treatment of both combined and consolidated financial statement eliminates intercompany transactions.These are transactions that occur between the parent and subsidiary company.This has helped me stay more organized and has made paying off my student loans easier.Refinancing your student loans typically means working with a private lender who will essentially offer you a new loan at a lower interest rate.