Are there advantages of choosing one loan servicer over another regarding the department of education loans?
On receiving department of education loans a loan servicer contacts you. An example of a company handling such is the cornerstone student loans servicer. Even though there is no choice to the loan servicer assigned by the department of education, you can choose to change them during the repayment period. Loan servicers offer attractive services like consolidate federal student loans into a single payment. However, these services may have unforeseen consequences like the low-interest student loans take longer to settle thus increasing the amount to pay.
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