Dec 13
There are different types of repayment plans available for student loan consolidation if you do it through Ed Loan Funding. First is the standard repayment plan where the repayment amount remains same throughout the entire tenure. Next is the graduated repayment plan where you start of with minimum monthly payment. The monthly payment increases as the tenure increases. Last but not the least is the extended repayment plan whereby you can increase the tenure on your student loan by upto 5 years. If your financial lender is not giving such options to you, you can take student loan from Ed loan Funding and avail all these facilities.