consolidate student loans?

[ra64t34]

I recently graduated and have around 20k in federal perkins and stafford loans. I'm not exactly clear on what the interest rate for all of them is but some are fixed, some are variable. I will be entering the repayment period for most of these in the next few months.If I consolidate, what kind of interest rate can I get? what are the fees? what are the options? I am not interested in an extended payment plan or anything.

[James W]

Debt consolidation is a method where the borrower can consolidate his multiple unstructured debts of higher interest rate with a single loan. In cheap debt consolidation, borrower refinances his debts from a new lender or one of the existing lenders who so ever offers cheaper interest rate and flexible repayment period.In debt consolidation borrowers deal with only one debt which makes the borrower to relief himself form the high rated multiple monthly installments. Though, borrower is responsible to one easy and affordable monthly installment apart from that he is only answerable to new lender instead of multiple lenders. The prefix cheap is used with debt consolidation because it reduces borrower's monthly payments as they are availed at cheaper interest rates. Cheaper interest rate on debt consolidation helps the borrower to save lot of cash which can be used to meet other needs.Cheap debt consolidation loan can be available in secured and unsecured option. Depending upon the need, borrower can opt for any. If the borrower is in need of larger amount then secured debt consolidation option will be best suited. For availing secured cheap debt consolidation, borrower places some valuable collateral against the loaned amount. In secured debt consolidation borrower can opt for £5,000 to £75,000 for the easy repayment period of 5-30 years.On contrary to secured, if the borrower is looking for the consolidating smaller debts then he may find unsecured debt consolidation as a better option as no collateral is required against debt consolidation. In unsecured debt consolidation option, borrower can opt for £5,000 to £25,000 for the easy repayment period of 6months to 10 years. Therefore, borrowers who have or who don't have collateral can opt for the unsecured cheap debt consolidation loan.