The repayment plans starts with a lower payment that increase every two years and this can goes for 10 to 30 years.
Do you have a low income that you think and it will be a problem for the repayment?
NO, not really, my income is not so low, but I need to have this in consideration.
Great, thank you. But what can you tell me about the payments that I need to do every month?
Well, if you have a consolidation loan the monthly payments start out low and get increased every two years.
I see, that sounds good. But this goes with the federal loans, right?
Yes, that's for the william d ford federal direct loan program.
And all the loans programs can be consolidated?
Yes, every program can be consolidated.
There are any subsidized loans?