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How to get direct line loans if you have never gotten a loan before.?
Wiki User
∙ 12y ago
Direct loans are pretty complicated. Since you have never taken out a loan before, people do not know how trustworthy you can be. This may be an advantage, but if you mess up, it can hurt you big time.
Wiki User
∙ 12y ago
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Can you consolidate your defaulted student loans if your tax refund was garnished?
In the US, it depends on whether your loans are with DIRECT or FFELP. If you have FFELP loans, you are eligible to consolidate. If you have direct loans and have never consolidated before, then you are eligible. If you previously consolidated your FFELP loans, then you may be eligible to reconsolidate. If you previously consolidated your Direct loans, then you are not eligible to consolidate again. If you need help getting out of default, click on the link at the bottom of this text box.
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