I have a little over $30000 in Federal student loans and I am looking for a good place to consolidate them where you receive a good cash back rebate as well as a good interest rate. Anyone that knows of a good place please let me know.
What are some good places to consolidate your student loans where you will get cash back and a good rate?
Cash back on a student loan is not a good idea. I doubt you'll be able to find one, unless it's a private lender with high interest rates and no forbearance or deferment policies.
Cash back is usually a gimmick car dealers use to get you to buy cars. Don't do it.
Reply:The above answer is correct. Besides most reputible lenders dont offer borrower benefits anymore since they are no longer profitable for them. Your consolidated interest rate will be the same with ALL lenders, but check the borrower benefits closely for the difference. Again, many NO longer offer any. Good Luck!
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