Deborah C asked:
I have several federal and private grad school loans. Right now I am paying off the private loans and the federal loans are in forbearance. Can I consolidate the loans in forbearance? Would this be benificial? At the very least it will stem the tide of consolidators calling at all hours of the day and night…
I have several federal and private grad school loans. Right now I am paying off the private loans and the federal loans are in forbearance. Can I consolidate the loans in forbearance? Would this be benificial? At the very least it will stem the tide of consolidators calling at all hours of the day and night…
Thanks,
Deborah
yes you can….in a forbearance the good thing is you are only temporarily not making and/or extending your due date for payments….if you were under a bankruptcy chapter then you would need to consult an atty to see if you could do it or not…yes it would be beneficial because it will show a settled debt on your cbr, may lower your interest and payment and the calls will stop
Left by cookiesmom on January 11th, 2010
yes, you can consolidate them. the advantages would depend on you situation though, so it may not be beneficial.
Left by Derrick on January 14th, 2010
I hope this helps you:
Ways to Consolidate Debt
Left by gum s on January 15th, 2010