Archive for October 3, 2007

Student Loan Consolidation - Why Not?

You hear commercials about consolidation loans all the time on the radio and see them on TV. These are usually ads for debt consolidation loans that are typically used to consolidate consumer debt, such as credit cards, car loans, or store charge cards. The main advantage here is that you can replace many high interest loans with a single loan at a much lower interest rate. The disadvantage is that you have to put your house on the line as security for the new loan.

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No Need for Concern with Bad Credit Student Loans

Bad credit student loans are available to those who would otherwise not be able to afford a college education. If you are in the unfortunate position of having a bad credit score, you can still be eligible for financial aid.

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