TOP 5 REASONS TO CONSOLIDATE
Why consolidate your private student loans with Chase?*
- One convenient payment - You'll only have one check to write each month instead of making multiple payments with different due dates.
- Competitive interest rates - You may save money over the life of your loan with competitive interest rates. If you add a qualified cosigner to your private student loan, you can reduce your interest rate even more.
- Lower monthly payments - When you consolidate your eligible private student loans, you may reduce your monthly payment through an extended repayment term.
- No application, origination or prepayment fees - Applying for a consolidation loan is free and you can prepay your loan at any time without penalty.
- Lower debt-to-income ratio - By reducing your monthly student loan payments, you may increase the amount of monthly income available for important purchases like a home or car.
*Important Information: Chase Private Consolidation Loans are subject to credit approval, receipt of a completed and signed loan application/promissory note, verification of application information and acceptance of loan terms. Only private education loans that are in good standing from eligible Title IV schools may be included. Federal education loans are not eligible under this program. Minimum loan amount is $7,500, with a cumulative borrowing limit of $150,000, based on credit eligibility. Other terms and conditions apply. Please contact us for details on eligibility criteria.
Chase does not sell these loans to another lender.
Student loan consolidation may extend your repayment term, increasing your overall financial obligation. However, your monthly loan payments may be reduced. You can choose to prepay principal with no prepayment penalties, which reduces the overall cost of your loan.
This information was current as of 02/01/2010 and is subject to change. Contact Chase for the most up-to-date product terms.
Chase does not sell these loans to another lender.
Student loan consolidation may extend your repayment term, increasing your overall financial obligation. However, your monthly loan payments may be reduced. You can choose to prepay principal with no prepayment penalties, which reduces the overall cost of your loan.
This information was current as of 02/01/2010 and is subject to change. Contact Chase for the most up-to-date product terms.