Saturday, October 31, 2009

Would it be in my best interest to consolidate my debt if I want a Student loan for school ?

I have a few debts and I applied for a student loan, then the loan was denied because of the bills I have now, If I re consolidate, will I be in a position at all to qualify for a federal or private student loan?



Would it be in my best interest to consolidate my debt if I want a Student loan for school ?

the Federal Stafford loan does not require a credit check, so your debt (consolidated or not) should not affect whether you qualify.



Start by filling out your FAFSA (fafsa.ed.gov). You may also want to speak to the financial aid office of your school so they can advise you on how best to pay for college.



Good luck!

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