Of consolidating student loans


01-Sep-2020 13:48

of consolidating student loans-82

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The borrower and the cosigner share responsibility for ensuring that the loan is repaid.

If financial hardship makes it difficult to remain current on the loan payments, we encourage you to talk to us to see what options are available.

Wells Fargo reserves the right to change rates, terms, and fees at any time.

Your actual APR will depend upon your credit transaction and credit history, and will be determined when a credit decision is made.

Loan forgiveness is available in the event of the death or total and permanent disability of the student who borrowed an underlying loan that has been consolidated.

The amount forgiven will correspond to the outstanding balance of any underlying loan(s) made to the student borrower.

Variable interest rates are based on market conditions, so if market rates go up, so do your interest rate and monthly payments.

A cosigner is someone who shares responsibility with the borrower for repaying the loan.

Discounts reduce the amount of interest you pay over the life of the loan.

The automatic payment discount may not change your monthly payment amount depending on the type of loan you receive, but may reduce the number of payments or reduce the amount of your final payment.

Until we notify you that your loans are consolidated, you’ll need to continue making payments on all your separate loans.

loan allows you to consolidate multiple private student loans or refinance a single private student loan.We are not involved in the loan approval or investment process, nor do we make credit or investment related decisions.



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