Understanding The Difference Between Loan Consolidation And Refinancing.
Loan Consolidation and Refinancing are two components of the American student loan industry. People generally get confused between the two and use them interchangeably. In reality both of the terms have completely different implications. Therefore it becomes important to get familiar with the terms before you discuss them with customers. Loan consolidation is condensing multiple loans into one single loan. Federal loan consolidation is offered by the government and is availab
