Saturday, October 17, 2009

Student Loan Debt Consolidation


Consolidate your loans into one easy monthly payment
Many people find it difficult to make all the payments on their existing student loans after they graduate college. This can lead to a bad credit score.

If you are struggling to make several payments on time, why not enjoy having one fixed payment every month? A personal, unsecured loan through Prosper can help you consolidate your college debts now.

Consolidate student loans, get a great rate
Federal or government-backed loans can help, but they may not cover everything. And once you graduate and the loans all come due at once, it can be quite overwhelming.

Our community of lenders at Prosper understands this. After you sign up and create a listing explaining your financial needs, lenders can bid on your listing. The bidding could even drive your interest rate down.

Once the bidding has ended and you arrive at the lowest interest rate, you decide whether to accept the loan or not. The entire process is transparent, and you remain in control.

Prosper has the loan for you. Apply now.

There's no need to refinance your home
In the past, many parents turned to home equity lines of credit for student loan consolidation. But now that those loans are less available, many people are looking for a direct solution outside of a government loan.

What is Prosper?
Prosper is an online community where people come together for lending and borrowing money. By bidding for loans, lenders can get great returns and borrowers can get great rates—and that helps everybody.

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