Canada Consolidation Debt Loan Loan Student
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Debt consolidation - Debt consolidation entails taking out one loan to pay off many others. This is often done to secure a lower interest rate, secure a fixed interest rate or for the convenience of servicing only one loan.
Student loan - Student loans are loans offered to students to assist in payment of the costs of professional education. These loans usually carry lower interests than other loans, and are usually issued by the government.
Loan - A loan is a type of debt. All material things can be lent but this article focusses exclusively on financial loans.
SLM Corporation - SLM Corporation (NYSE: SLM), commonly known as Sallie Mae, is the United States' number one college student loan company, managing more than $122.5 billion in debt for more than 8 million borrowers, and employing 10,000 individuals at offices nationwide.
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