Consolidating private and federal student loans in current economy?
Date: Sun, 10/05/2008 - 03:09
Well, you cannot consolidate private and federal loans together.
Well, you cannot consolidate private and federal loans together....so there will always be a seperation.
Private consolidation loans are very difficult to get right now as most lenders have left the lending field....at least the big guys. And I dont believe 30 years for private loans were ever available. Plus the loan that your mom took out for you would not have been eligible anyways.
Read your lenders websites for any possible extention in payments.