Consolidating student loans wells fargo
Unless you actually intend to have the loan for 20 years, then it is sort of a no-brainer.
The result is a single monthly payment instead of multiple payments. Leaving out your Direct Loans or Perkins Loans will preserve the benefits on those loans.The stipulation is that you have to carry ,000 in balances with Wells Fargo.This includes checking, brokerage, and credit card accounts. As well as the student loan consolidation discount, you get these benefits: You also need to decide between a fixed and variable interest rate.Some people do this as soon as they get out of school and others wait until the grace period for their loans is over to take advantage of that time without having to make payments.It is good to remember that loan consolidation is a process.