Sometimes the idea of consolidating loans may be tarnished by the thought of having to deal with more interest down the road. Or you may wonder if the interest changes or grows over time after having seen the devastating effects with balloon mortgages across the country.
All of those ideas or questions are absolutely valid and we’re absolutely thrilled to say that Nationwide Student Loan offers consolidated loans with
a fixed interest rate for the life of the loan. The fixed rate is based on the weighted average of the interest rates on the loans being consolidated, rounded up to the nearest one-eighth of 1%. However, the rate will not exceed 8.25%.
Keep in mind also that Nationwide Student Loan offers
several repayment plans that are designed to meet the different needs of individual borrowers. You will receive more detailed information on your repayment options from one of our specialist. Our specialist will be able to provide you a detailed quote on what repayment options you qualify for.
Seeing that loan consolidation is not the only solution available, call one of our trained staff members ready to help you with your specific case. The number is at the top! We can’t wait to help you find student loan debt relief!