Student Loan Consolidate

by admin on April 9, 2009

Student Loan Consolidate
Could I consolidate a student loan with an auto loan?

I want to know if I could condsolidate a student loan with an auto loan?

If the student loan is a government guaranteed loan (stafford, perkins, etc). then you wouldn’t want to because the repayment terms of those loans is very favorable and you lose those terms if you combined them with any other loan.

If it is a private loan then the only way you could do this is with an unsecured private loan. Which you probably still wouldn’t want to because the interest rate and length of repayment period are much worse for personal loans than for either a car or student loan.

Student Loans Consolidation

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