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Am I able to combine my personal and student that is federal together?

Am I able to combine my personal and student that is federal together?

Yes, it is possible to, but it may never be in your favor to do this. You may miss out on potential student loan forgiveness programs, lower interest rates, and federal student loans’ unique payment options if you consolidate the two.

If the credit rating is strong, it might probably extremely very well be in your interest to however do so, since personal student education loans revolve around fico scores. It is totally possible to get a far better price than that which you initially received in your student loan — in the event that you don’t brain offering within the huge benefits that come with federal loans.

Am I able to refinance student education loans?

Refinancing is similar to consolidating. To refinance, you’ll want to have a strong credit history and report. When your credit history is weak, it is not likely refinancing is to your advantage.

But, when you do have credit that is good, seek out a lender whom offers education loan refinancing.