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consolidate student loans FAQ


Consolidating means you are using a bigger loan to pay off smaller loans.

So, in short, the old loans are now done and the previous co signers are no longer bound to the new balance. Unless they co sign for the consolidated loan, they


Consolidating means you are using a bigger loan to pay off smaller loans.

So, in short, the old loans are now done and the previous co signers are no longer bound to the new balance. Unless they co sign for the consolidated loan, they


Contact your loan company. They are the ones who can answer that for you.


Your federal loans can be consolidated into the Direct Loan program - go to www.studentloans.gov to get more information.

Private loans are a lot harder. Depending on your credit, you MIGHT be able to find a lender willing to do a consolidation