What is loan consolidation?

Answer Loan consolidation is a process by which several loan debts are combined into a single loan. While the term debt consolidation broadly includes all types of debts, it is most commonly associated wi... Read More »

Top Q&A For: What is loan consolidation

My wife's student loan fm AES is OVER 10% interest: as a single loan, is there any "consolidation" option?

It is possible to consolidate single loans if they have not been consolidated before. If the interest rate is 10%, it sounds like it must be a private student loan (as opposed to federal)? Typicall... Read More »

Loan Consolidation Advice?

Loan consolidation may seem like a one-stop solution for debt problems. It allows you to repay a large number of loans at once, and it comes with the promise of only one payment per month. However,... Read More »

Student Loan consolidation help?

You'll be consolidating at the end of your education, if you struggle to pay different bills.But do not consolidate with a private company before the end of your scholarship, because you start payi... Read More »

Student loan consolidation?

why do you need to consolidate right now? try to see if sallie mae will buy it if its not already theirs and maybe they will let you do it with a cosigner. it shouldnt matter if you have the degree... Read More »