child loan consolidation with parent loan

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child loan consolidation with parent loan

master01 Rep Points: 15

Posted on November 6, 2007 at 2:30 pm

HI Everyone Is there any way by which I can consolidate my child's stafoord loan with my own loan. any kind of help will be appreciated

jessica.janes21@gmail.com Rep Points: 40

Posted on August 4, 2008 at 4:46 am

Student Loan Consolidation quite easier by allowing you to combine a lot of different types of federal or private student loans even if they have different terms and conditions or payment schemes as well as if they need to be paid to different lending institutions. It all gets consolidated into one lower interest loan that makes things a lot easier to manage and budget for. Additionally, the amount that you are required to pay is typically lower than you normally would pay and as a result the payment cycle is extended due to these lower payments. These things are put in place to allow you to make things a lot easier in order to stop worrying from defaulting on your loans and as a result screwing up your credit in the future.