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When you consolidate student loans, you can lower your monthly student loan payment by as much as 60 percent. The key is to find the right lender and the right interest rate.

When comparing lenders, you should consider payment fees, interest rates, and loan terms. If you are looking for reputable student loan consolidators online, there are three companies that I highly recommend. These companies can offer you the best rates and save you money by consolidating your student loans