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Consolidation of student loans offers the opportunity to reduce interests costs and loan payment simplification. Having to deal with multiple lenders can be confusing and can cause mistakes in payment that would adversely affect credit ratings.

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โˆ™ 2013-03-01 00:07:22
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Q: Why would one want a consolidation of their student loans?
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Related questions

What is the best way to get a consolidation loan if you have bad credit?

In the US, you can consolidate your loans even with bad credit if they are Federally Guaranteed student loans, like Stafford loans. If you want help with the consolidation of your student loans, click on the link below.


Where can I learn about student loan consolidation?

You can use Direct Consolidation loans for your student loan consolidation needs. It is a government website that assist those who want to consolidate their debts. You can find them at this link www.loanconsolidation.ed.gov/


Can you apply for Debt Consolidation on Student Loans?

Yes. Those who are already finished or out of school can apply for a student loan consolidation. If you're still in school but you want to start with your repayment, then you may apply for consolidation as well. Answer: {| |- | Yes. Even if you consolidate your student loans, you can still defer your payments. Standard deferment and forbearance options are core attributes of your student loan and are not lost when you consolidate student loans. |}


Can a wife get a student loan if her husbands student loan is in default?

In the US, yes you can. If you want help with the consolidation of your husband's defaulted student loans, click on the link below.


How do you pay student loans if you are on welfare?

Yes, but you can consolidate your loans and opt for the income-based repayment plan and pay as little as $0 a month, defending on your income and dependants. If you want help with the consolidation of your defaulted student loans, click on the link below.


Can you be put in jail over not getting your cosigner off your student loans?

In the US, no you can not be put in jail. If you want to remove a cosigner from your student loans, then you need to consolidate them in your name alone. You can get help with the consolidation of your loans by clicking on the link at the bottom of this text box.


Can you go back to school on a defaulted student loan?

Yes, if you are not taking additional loans out you can go back to school. If you do want to take additional loans out, you need to consolidate the defaulted loans first. You can get help with the consolidation at www.defaultms.com


Have loans from school A didnt graduate - want to go back to finish my degree at school B - would there be loans available for that?

yes sure you can go for student loan consolidation, there are many online sources who can consolidate your student loans with no credit or poor credit and also with low interest rates, try to contact them and get your problem resolved from there.


What is the maximum wage garnishment on student loans?

In the US, it is 15%. You should consolidate your defaulted student loans and stop the wage garnishment. You can get an income-based repayment plan and pay as little as $0 a month, defending on your income and dependants. If you want help with the consolidation of your defaulted student loans, click on the link below.


How do you stop a student loan wages garnisment?

You should consolidate your defaulted student loans and stop the wage garnishment. You can get an income-based repayment plan and pay as little as $0 a month, defending on your income and dependants. If you want help with the consolidation of your defaulted student loans, click on the link below


What are todays most commonly used student consolidation loan rates?

Rates for student consolidation loans can really vary depending on the funding institution you are using for the loan. Rates are also based on your credit score. So make sure you credit is descent if you want lower rates.


Can GI bill be garnished for unpaid student loans?

If your Federally Guaranteed student loans go into default status, you could lose your GI bill benefits altogether. Once student loans are in default, you are inelligible for any other type of government help. You should consolidate your student loans and prevent any of this from happening. You can get an income-based repayment plan and pay as little as $0 a month, depending on your income and dependants. If you want help with the consolidation of your student loans, click on the link below.

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