Student loan consolidation information - The Bills.com Blog

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Student loan consolidation information

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 youcannot 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

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

Also, make sure to get a free financial health check-up with Bills IQ!

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Bill has answered all sorts of questions and has been able to provide those in need of financial guidance with helpful and valuable advice and information on their specific financial area of interest. If you need specific guidance on any of the above mentioned financial areas, feel free to Ask Bill your financial questions and get better informed. Also, make sure to get a free financial health check-up with Bills IQ!

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