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Consolidating your private student loans can be a smart financial decision that allows you to combine all of your eligible private student loans into a single student loan, so you can reduce your number of monthly payments. Private student loan consolidation may also help put more money in your pocket now by possibly lowering your monthly payment. Federal student loans are not eligible.

Chase Private Consolidation Loan

Combining your private student loans makes sense because consolidation can make repayment more manageable.*

Benefits of private student loan consolidation may include:

Lower monthly payments
No origination, processing or repayment fees
No prepayment penalty

*Important Information: Chase Private Consolidation Loans are subject to credit approval, receipt of a completed and signed loan application/promissory note, verification of application information and acceptance of loan terms. Only private education loans that are in good standing 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 02/01/2010 and is subject to change. Contact Chase for the most up-to-date product terms.

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