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You would possibly want to consolidate a PLUS loan because it will lower the monthly payment. You many also want to consolidate a PLUS loan because it will allow you to switch from variable interest rates to a fixed interest rate.

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12y ago

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I want to refinance my student loan.?

The best way to lower your payments and interest rates would be to consolidate your loans. You can do this by visiting http://www.loanconsolidation.ed.gov/.


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.


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.


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.


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 should I do if I want to return to school to become a nurse but I have a defaulted student loan from 1995?

In the US, you can consolidate your defaulted loans and be eligible for new loans in the fall. Click on the link at the bottom of this text box for help with consolidation.


How does one apply for a credit consolidation loan?

First one would need to decide which of their debts they would want to consolidate. They would then need to gather all the information for those debts and bring it to a bank that offers consolidation loans. They would need to fill out an application and give the bank the right to pay off the debts they are consolidating.


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/


Will you still be able to attend college if you owe student loans?

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


Can you get money for school if in default of student loan?

In the US, only if you rehabilitate or consolidate the defaulted loans. To rehabilitate, you need to make 9-12 ontime payments to your current lender. A great program that started this past July 1 is the income based repayment plan. If you consolidate your loans, you can opt in for this repayment program. Your payment can be as low as $0 a month, based on income and # of dependents. You also have the balance forgiven after 25 years of repayment, even if you have hardly paid any of it. If you want help with the consolidation of your loans, click on the link below.


what are some good debt consolidation services?

You might want to start with a bank or even one of the banks offering your loan. They may be able to consolidate the loans for you. Try to pick the one that offers you the best terms.


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