Consolidating citi bank student loans
Student loan consolidation borrowing limits Consolidating multiple student loans or refinancing a single private student loan may lower your monthly payment if you qualify for a lower interest rate or a longer repayment period.
Keep in mind that extending the repayment term may increase the total amount you pay over the life of the loan.
Consolidating your federal and/or private student loans with Wells Fargo may help you take control of your finances by creating a single private loan with a new interest rate, one monthly payment, and a new repayment term of your choice.
A single eligible loan can also be refinanced with the You can include federal and/or private student loan debt from Wells Fargo or another lender, including: Federal Direct loans, Federal Stafford Loans (subsidized and unsubsidized) and Federal PLUS loans.
You cannot include any other debt that is not a qualified education loan (for example, credit card or line of credit), even if it was used to pay education expenses.
Competitive Annual Percentage Rate (APR) The range of available APRs differs by repayment term.When you apply with Wells Fargo, we will help you to carefully review all of your options.We make it easy to get your personalized rate and payment estimates with no impact to your credit score.Once your loan is finalized, we'll pay off the loans you’ve included in your consolidation and those loans will make up one new loan with one monthly payment to Wells Fargo.A consolidation loan allows you to refinance one or more loans into one new loan with a new interest rate and/or payment term.