SOUTH BEND, Ind. – Notre Dame FCU, one of the biggest credit union student lenders, announced this afternoon it is now offering private student loan consolidations.
Members that are in or out of school can use the consolidation program to refinance student loans from other financial institutions or consolidate loans through the $435 million credit union in order to reset or extend their repayment schedule.
CU Campus Resources, a CUSO owned by University of Wisconsin CU, is customizing the program for Notre Dame FCU.
“Through loan consolidation, Notre Dame FCU members now have an option to combine multiple loans into one payment and in many cases, lower their interest rates on existing loans,” said Rick Burden, vice president of lending at the credit union.