Friday, May 12, 2006

I consolidated in the past, can I do it again?

It depends. Consolidation is the combination of many loans into one. If you have consolidated in the past with someone other than the US Department of Education, you can't do it again unless:
You have new loans that were not included in the original consolidation.
Or, you have multiple consolidations from different lenders.

You can, however, consolidate with the Department of Education and then reconsolidate with us, even if you've consolidated before with another company.

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