Consolidating Your Federal Student Loans in 2012 – The Available Options

None of your student loans can be included in bankruptcy. So, if you have student loans, it is in your best interest to pay those off. However, if you have both private and federal student loan at the same time, it won’t be possible to consolidate both the types in a same consolidation program. The two different forms of student loans are required to be consolidated in two different debt consolidation programs. Another very important thing to keep in mind with regards to the student loans is that though private student loans come under the Statute of Limitations or SOL, it is not applicable for the federal student loans.  (more…)

Written by admin on January 14th, 2012 with no comments.
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