The best solution for a defaulted student loan

Sometimes, defaulting on a student loan is unavoidable. Particularly in today’s economy, with high unemployment, rising costs, medical expenses, and uncertainty about the future, even the most prudent and responsible person may not be able to meet the demands of … read more →

A few things you should know about defaulted student loans

If you have let your student loans slide into default, you’re not alone. The rate of student loan defaults is rising across the county. (See the link at the end of this article for statistical information). Tough economic times have … read more →

Defaulted student loans and wage garnishment

As the number of people around the country defaulting on their student loans escalates, so does the number of people around the country getting hit with wage garnishments. Too many people assume that if they have a defaulted student loan, … read more →

ACS student loan consolidation discontinues services

There are many reasons why consumers and loan debt holders should be wary of whom they entrust with their repayment and sensitive information.  ACS student loan consolidation services provides us with a tell-tale example of what can happen when the … read more →

I don’t have any Direct Loans

Borrowers without any Direct Loans may be eligible for a Direct Consolidation Loan if they include at least one FFEL Loan and have been unable to obtain a Federal Consolidation Loan with a FFEL consolidation lender or have been unable … read more →

Health professions loans

Yes, With a Direct Consolidation Loan, borrowers can include certain health profession loans sponsored through the U.S. Department of Health and Human Services with other Federal education loans in their Direct Consolidation Loan. Borrowers must include at least one Direct … read more →

An existing consolidation loan

Yes, under three conditions: Borrowers can consolidate existing consolidation loans into a new Direct Consolidation Loan if they include at least one other FFEL or Direct Loan into the new consolidation loan. Borrowers can consolidate a single Federal Consolidation Loan … read more →