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mistyerious asked:
I have researched online and am still not clear on how this works. I really need a personal loan to help out with some other bills and am no longer able to take my classes. I am now in deferrment on my federal loan and they don’t do credit checks or anything for a consolidation loan. Just curious.
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Tags: Credit Checks, Debt Consolidation Loan, Debt Loan, Federal Loan, Loan Personal, Personal Loan, Personal Use, Student Debt, Student Loan
August 24th, 2008 at 3:29 pm
no, you dont get any money when you consolidate. it just changes the terms of your loans.
August 25th, 2008 at 9:10 am
Depending wich type of student loan consolidation. Private (finance companies) consolidations may accept to include personal debts in the loan.
Good luck !
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