Loan consolidation is an excellent tool to assist borrowers in repaying their loans. Ron Elliott (Vanderbilt University) has provided a list of lenders willing to consolidate loans.
To view the Department of Education's Direct Consolidation Loans site, follow http://www.ed.gov/DirectLoan/consolid.html. An introduction for students appears at http://www.ed.gov/DirectLoan/lc-intro.html
| Lenders willing to consolidate the loans of 'all comers' | ||
| Barnett Bank (in tuition) | 800-633-7192 | |
| Chela Financial, Inc | 800-282-4352 | |
| Citibank | 800-967-2400 | |
| Crestar Bank | 800-552-3006 | |
| Educational Finance Group | 800-252-2041 | |
| MOHELA | 800-666-4352 | |
| Nellie Mae | 800-634-9308 | |
| InTuition | 800-228-5931 | |
| PHEAA | 800-338-5000 | |
| P.L.A.T.O (a private loan) | 800-467-5286 | |
| USA Funds | 800-448-3533 | |
| US Dept of Education | 800-557-7392 | |
| Lenders willing to consolidate the loans of existing customers | ||
| Access Group | 800-282-1550 | |
| Bank of America | 800-283-6221 | |
| Beneficial Savings | 800-338-5000 | |
| Educaid | 800-776-2344 | |
| IDAPP | 800-221-1366 | |
| First Union | 800-338-5000 | |
| Mellon Bank | 800-338-5000 | |
| National Education | 800-353-3357 | |
| PNC Bank | 800-338-5000 | |
| Southwest Student Services | 800-874-3742 | |
| Summit Bank | 800-338-5000 | |
| UNIPAC | 800-456-4757 | |