CFS or Collegiate Funding Services is a student loan corporation providing you with the ability to go to college.
  CFS is a private funded corporation, but they also work in conjunction with the Federal Family Education Loan Program.
  They have a federal loan program that is not for families.
  CFS is also about consolidation of loans.
They deal in several loan types regarding their program.
  They have Alumni, Bad Credit, Cash Back, Cheap Options, Direct, Graduate, In School, Perkins, Plus, and Stafford loan options.
  They can consolidate these loans for you.
  They can also award you private student loans.
  We will look at their consolidation methods.
After you graduate you will have student loans to repay.
  Typically most students have at least 4 student loans in their name by the time they graduate.
  If this is the case with you, you have the option of consolidating them into one payment, and a better interest rate.
  CFS is the leading corporation in consolidating student loans for individuals.
  They will purchase all types of student loans such as the ones mentioned above.
  They will also purchase federal student loans if you have them.
They will review the amount of your student loans, the current interest rate, and determine a fair interest rate.
  Once the interest rate has been established they will look at the term of the loans.
  If the loan is for a twenty year repayment scheme they will divide what you owe to determine how much you need to pay per month.
  This allows you to have one loan payment rather than four.
In the consolidation process CFS will examine your credit history to determine what type of private student loan consolidation they will offer.
  Your credit history is important regarding your risk.
  You can find out what CFS may offer you without actually consolidating the loan.
  This helps you determine if it is worth consolidating with CFS.
By consolidating your student loans through CFS you will save money.
  You may also find some discount options available such as lowering your interest rate by a .
5 percent for signing up for automatic payments.
  Many of the lenders for student loans provide such a deal.
  CFS is mainly about consolidating your student loans into one rather than providing funding when you first start out gaining a college education.
  However, they do offer a few private loans for beginning your education process.