What are federal consolidation loans and why should you give it a try? Well, a federal consolidation loan is a loan that is designed to assist you when it comes to managing all of your outstanding student loan debts. It would provide you with a way to combine all of these student loans into one account thus making it convenient for both you and your loan holder. Think about it, if you currently have 2 or more existing student loan debts then you would have to make 2 or more payments each and every month. [Read more…]