visit our site for more information on Student Loan Consolidation Companies.Student loan consolidation companies paying off or refinancing a number of financing with one brand-new loan. To place it in easier terms, student loan consolidation is collecting all your financial obligations from numerous creditors and then connecting them with each other under one, solitary lender. It is simply a concern of taking one large loan to settle the various other smaller sized financing. In return for this maintain, the consolidator establishes the interest rate of the consolidated loan based on readying existing legal parameters.