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A Federal Stafford loan is a loan issued by the government to college students at rates that are much lower than other conventional loans. Unlike other Gordo student loans, a Stafford loan does not require credit checks or collateral that other loans require. If you stay enrolled in classes at least half time, you won't need to make payments until you have graduated. With rising tuition costs and a sluggish economy, Stafford student loans in Gordo are a great option for poor students. Because of the current economic downturn happening in the United States, many families are struggling to send their children to college. Many individuals are struggling just to pay their mortgage every month and therefore do not have the money to pay high educational expenses. Do not let lack of money hold you back. Allow your child to recognize their full academic potential by receiving a degree and pay for it with student loans. There are lots of college loans in Gordo that have low interest rates and are specifically designed for parents of students. Call our associates today to find a lender in Gordo. Student loan consolidation allows you to take advantage of today's low interest levels and save money over time. With some loan consolidation companies, you can reduce your monthly payments and take longer to repay your education loan. Consolidating Gordo students loans is a great option for students who have many loans at high rates of interest. Student loan consolidation organizations in Gordo offer low introductory rates and no-hassle, no-collateral loans for those who wish to lower their monthly payments. Call our representatives right now for additional information on consolidation options available in your area. Many university students in Gordo, AL can easily combine their student loans into one loan. Many Gordo loan companies encourage you to merge your loans to save money. In the event that you are strapped for funds, a student loan consolidation plan could be the answer to your problems. Student loan consolidation programs permit you to combine all your outstanding student loans into one, low monthly payment. Cut your montly payment by as much as 50 percent with student loan consolidation. There are several Gordo student loans which are available. It is not uncommon that students use a cosigner on their loan. If you're a student with a co-signer on your loan, you'll be able to obtain a loan product with a cosigner release. In this situation, you'll be able to take over the full obligation of the loan, thus releasing your cosigner from his/her duties. After you've made several on-time payments, you then are the sole owner of the loan.