Federal Loan For Debt Consolidation
Posted by on July 31st, 2008 at 11:23pm
ASX newbie wrote an interesting post today on
Here’s a quick excerpt
Topics: debt help, debt reduction, lower interest rates, consolidate loan, consolidate debt Under the direct Federal consolidation loan program the U.S. department of education repays your original Federal education loan and makes you eligible for a new loan equal to the amount of loan consolidated. You need to have an existing Direct or Federal Family Education Loan (FFEL) to qualify for loan consolidation program of this kind. When a student applies for a consolidation loan, the school can
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