Private student loan consolidation allows you to combine all of your private student loans into a single loan.* By doing this, you may receive a lower interest rate on the consolidation loan, which can save you money. A consolidation loan can also make your life easier by reducing the number of student loan payments you make each month.
Private student loan consolidation basics:
- Competitive rates make consolidation a great option that allows you to manage all your private student loans in one easy payment
- No application or origination fees
- You may apply for a Chase Private Consolidation Loan on your own, but having a creditworthy cosigner will reduce your interest rate
- The minimum private student consolidation loan amount is $7,500 and the maximum is $150,000, based on credit eligibility
- You can apply for a Chase Private Consolidation Loan any time after you graduate, as long as you are in your grace or repayment periods
- Your monthly payments can be lower; however, private student loan consolidation may extend your repayment term, increasing your overall financial obligation
Student Loan Specialists are available Monday - Friday, 8 AM - 8 PM Eastern to help you complete the application process and answer your questions.
Questions? Check out our Private Student Loan Consolidation Frequently Asked Questions.
*Important Information: Chase Private Consolidation Loans are subject to credit approval, receipt of a completed and signed application/promissory note, and verification of identity, income and other application information. Only private education loans that are in good standing and 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 06/02/2008.
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 06/02/2008.