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Government Consolidation Loans to possess Borrowers in the Standard

Government Consolidation Loans to possess Borrowers in the Standard

Combination is much like refinancing a loan. You can combine all, a few, otherwise one among your own student loans.

Head combination loans are in reality truly the only brand of federal pupil combination financing. Beneath the Direct Financing Combination Program, you could combine any sorts of government education loan into the a special Head combination financing. Fund that aren’t entitled to consolidation tend to be county otherwise individual fund which aren’t federally guaranteed. You’re and ineligible so you can consolidate if for example the finance had been reduced to help you judgment (if you do not vacate the new view) or if perhaps there was a salary garnishment acquisition facing you.

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