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What are the advantages of loan consolidation?

advantages consolidation loan
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What are the advantages of loan consolidation?

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• One loan simplifies record-keeping and check-writing chores. • Consolidation can significantly reduce your monthly payment amountby up to 50%! • Consolidation lets you convert most your variable-interest rate education loans into a single loan with a fixed interest rate.

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• Reduce your monthly payment • Pay just one bill to just one lender • Lock in a lower FIXED interest rate, not to exceed 8.25% • No fees, income requirements or credit checks • Additional .60% savings for consolidating during your existing loan(s) grace period • Immediate .25% rate reduction, if available, for automatic debit payments • No prepayment penalties • Extend your repayment period • Greater disposable income • Experienced loan servicer with over $15 billion in consolidation loans • Apply online Call 1-800-338-5000 to find out more about AES Network Consolidation programs.

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