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Debt consolidation is not always marketed as “a debt consolidation loan”. Many of the offers appearing on this site are from advertisers from which this website receives compensation for being listed here.Our goal is to provide you with expert advice about your debts so that you can resolve your situation successfully.If you’re stressed and having trouble paying your debts, get help sooner than later.You may want to apply for a consolidation loan if you’re struggling to make your minimum monthly payments on your credit cards, line of credit or overdraft.Or, it might make sense to consolidate high interest rate debts into one monthly payment with a lower interest rate.Getting help from us is as easy as giving us a call or chatting with us online.
So this means if you stop paying the loan the lender will foreclose and sell the asset to recover their debt.
Rates and Terms are subject to change at anytime without notice and are subject to state restrictions.
So Fi refinance loans are private loans and do not have the same repayment options that the federal loan program offers such as Income Based Repayment or Income Contingent Repayment or PAYE.
With just a few exceptions, you get only one chance to consolidate with the government loan programs.
WARNING: It is very dangerous to consolidate federal loans into a private consolidation loan.