d asked:
Since I can’t consolidate my private loans under the a federal consolidation loan, should I take out one big private loan? Or should I consolidate my federal loans under one loan, and consolidate my private under another? Also, am I able to take out more than I need on a consol. loan and pay off my credit cards with it? Can it technically be done?
Since I can’t consolidate my private loans under the a federal consolidation loan, should I take out one big private loan? Or should I consolidate my federal loans under one loan, and consolidate my private under another? Also, am I able to take out more than I need on a consol. loan and pay off my credit cards with it? Can it technically be done?
you cannot consolidate federal and private loans together. And when it comes to student loans, you cannot cannot borrow “extra” to pay off your credit cards.
You need to consolidate your federal loans together and consolidate your private loans together.
Left by srs2teach on March 12th, 2010