skinny Posted December 25, 2009 Report Share Posted December 25, 2009 I recently completed undergrad and have amassed over 70K in student loans, including private and federal loans. However, I am currently unemployed and will be unable to start repayments. I have applied for deferments of all my loans. My questions are:Can I consolidate my loans and then defer the single new loan due to unemployment?Anyone out there know I good resource where I can discuss with a human being my student loan consolidation options? Link to comment Share on other sites More sharing options...
LynnInMN Posted December 26, 2009 Report Share Posted December 26, 2009 I recently completed undergrad and have amassed over 70K in student loans, including private and federal loans. However, I am currently unemployed and will be unable to start repayments. I have applied for deferments of all my loans. My questions are:Can I consolidate my loans and then defer the single new loan due to unemployment?Anyone out there know I good resource where I can discuss with a human being my student loan consolidation options?For starters, you cannot consolidate private and federal loans together.Read your lenders website for your federal options...you have lots of deferment opportunity for those. If you wish to consolidate, I highly recommend the Direct Loan Program. Your privates do not come with much or any unemployment deferment options. You need to be talking to your lender. Link to comment Share on other sites More sharing options...
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