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Student loan consolidation information - The Bills.com Blog
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Student loan consolidation information
Wednesday, Oct 10, 2007
Question: My wife would like to consolidate her remaining two student loans. However, one of the loans was taken out by her father in his name and she has been paying for it since graduating. Is there a solution to this.
Answer: Unfortunately, according to my student loan consolidation resource at a major bank, the transaction you are describing is not possible. When you consolidate student loans you cannot mix two different original obligor/debtors into a single loan. Your wife should be able to consolidate her own loan for a much better rate and extended
term, and do the same for the other name in Dad's name for the a similar outcome. Check out the student loan page at Bills.com: http://www.bills.com/studentloans/
For more information about
For more information about
student loans and links to resources to help you consolidate these loans.
We hope that this helped you to Find, Learn, and Save!
Best,
Bill
www.bills.com
We hope that this helped you to Find, Learn, and Save!
Best,
Bill
www.bills.com
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