Hi, I’m looking at consolidation loans that offer cash rebates. Right now I’m looking at $1,100 rebates on my student loans with MOHELA. However, I was hoping to pay off a $4500 credit card bill with either a rebate or by borrowing more than I owe. Are there any companies that allow you to borrow more than you owe (l did this to pay rent as an undergrad) or include CC debt in a consolidation loan? Thanks!
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- Also, Do debt consolidation companies include federal educational loans into the consolidation? If you have a federal student loan, and the loan company offered a 1800 # for a consolidation company to take the loan and pay it?
- My father accidentally did what is called a “double consolidation” on his student loans. Now he has two companies asking for repayment on the same loan. We’ve contacted both companies and they both say that we should repay the first company and it will cancel out the second consolidation. We did that but my father is still getting bills from the second company. I’m not sure if we should just ignore them or should we contact both companies again and see what is going on. Does anybody have any advice on what we should do?
- it seems like there aren’t any lenders that do federal student loan consolidation programs. Are there any out there? not private loans.so far it seems like the dept of ed has ended other programs. please help thanks Ruth. Can you ask your relative if it was a federal loan? New question, is it possible to debt consolidate federal student loans?? so there’s debt and then student loan consolidation.
- Will a “Debt Consolidation ” company also help with Ed fund student loans that are now defaulted? I am considering looking into debt consolidation. My student loans are being garnished by ed fund from my wages. they have also just taken my Ca state income tax check. If I do debt consolidation, will they be able to stop my wages from being garnished?
- I have a few loans from Sallie Mae. I would like to consolidate them into one loan, hopefully at a lower interest rate. Does anyone have any suggested companies that you have dealt with for student loan consolidation?

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Je?li chodzi o Skonsolidowanie Federal Student Loans przez FFELP Consolidation Loan Program b?dzie tylko mie? mo?liwo?? uzyskania ?rodków na kwot?, ?e kredyty s? dla. Po konsolidacji FFELP Kredyt w procesie firmy, które decyduj? si? na konsolidacj? wniosków swoje kwoty po?yczki od Twojej aktualnej Kredytodawcy, gdy fundusze te s? zwolnione kwoty kontroli s? zapisywane s? na aktualnej kwoty kredytu i jest wyp?acana do Obecny kredytodawcy (ów) wyp?at swoje kredyty i stworzy? now? Konsolidacja kredytu. Je?li rozwa?aj? po??czenie karty kredytowej zad?u?enia karty z Federal Student Loan d?ug chcia?bym poinformowa?, ?e z dwóch powodów. Jednym z powodów jest nie mo?esz po??czy? Federal Student Loans z innych wierzytelno?ci mo?e by? pod FFELP Consolidation Loan Program. Drugim powodem jest to, je?li mia?yby po??czy? Federal Student Loans z innych d?u?nych stracisz wszystkie ?wiadcze? Federalnych, które s? pod??czone do Federal Student Loans. Aby uzyska? wi?cej informacji na temat Pa?stwa Korzy?ci Federalnej odwied? ?ród?a poni?ej.
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Depending on the type of loan, yes.
A private or bank loan/consolidation loan will let you borrow more money than you owe.
I did it one time, I got 200$ more than I needed.
I put 1000$ in a savings account, and the other 1000$ as a cashflow, wich help you to stay ahead on your budget.
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