How Do You Consolidate A Student Loan?
• Call or email a student loan consolidation company. There are many online if you check the search engines. • Fill out the consolidation loan application as provided by the Loan Company. Make sure you do not leave out any information as this could delay your application being approved. Make sure you have the following information available to fill out your application: your current address; social security number; names, address and phone number of two personal references; monthly housing expense information; monthly income and expense information; estimated loan amount to be consolidated; loan account numbers on the loans to be considered for consolidation; names and addresses of loan servicers (can be found on your monthly billing statement); and the outstanding loan balance/expected payoff amount. Wait for approval of your consolidation loan. Make sure you continue to pay your old loan payments until you receive a confirmation letter from your loan consolidation company verifying t