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Click here to check out all articles in Money Sense This Week's Article: Order Unlimited Business Checks Online

The savings that can be recognized when you order business checks online has caused many company owners to make the switch. Web-based printers typically charge ten to thirty percent less than most financial institutions. This translates into a significant annual savings in overhead for many companies.

Business checks come in three major types. Many company owners aren't aware that the same ones are available on the Web as at the bank. In fact, you can purchase all of the same types as you can buy at your local financial institution. The three major types include:

1) Continuous: Continuous forms are designed for dot matrix printers. Each separate one is connected by a perforation so that they can be fed into the printer. This allows them to be printed "continuously", as they are so-called.

This variety is not as popular as they once were. Dot matrix printers have been largely replaced by other types of printers (namely laser ones). However, some businesses still use and prefer this type of printer.

2) Laser: This type is the "modern" version of its continuous cousin. This type can be printed from a laser printer.

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Should I Consolidate?

What are the interest rates on your loans?

If a Direct Consolidation Loan offers you a lower rate than your current loans, you may want to consolidate. Currently, the interest rate for a Direct Consolidation Loan is based on the weighted average interest rate on the loans being consolidated, rounded to the next nearest higher one-eighth of one percent. This rate is fixed for the life of the loan and cannot exceed 8.25 percent. Use our online calculator to find out what your weighted average interest rate would be.

Are your monthly payments manageable?

If you have trouble meeting your monthly payments, have exhausted your deferment and forbearance options, and/or want to avoid default, consolidation may help you. Use our online calculator to find out what your monthly payments would be under each of our repayment plans.

How much are you willing to pay over the long term?

Like a home mortgage or a car loan, extending the years of repayment increases the total amount you have to repay.

How many payments do you have left on your loans?

If you are close to paying off your student loans, it may not be worth the effort to consolidate or extend your payments.

What consolidation loan benefits do your current lenders offer?

Check with the loan holders currently servicing your loans to see if they can offer terms and repayment plans that meet your needs better than a Direct Consolidation Loan.
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