Private student loan consolidation help?
I’m looking into consolidating federal loans. If I submit an application to find out if I am approved, I will have to give the ok before the consolidation goes through, correct? I just want to make sure that by submitting this application they won’t automatically approve me and then I’ll be screwed if the interest rate sucks. I would just call the company, but I am at work right now and can’t use the phone. Any ideas? I’m going through citibank. Answer: You apply and they give you terms based on creditworthiness … You apply and they give you terms based on creditworthiness etc… By doing this you do not accept the loan. I believe you can turn it down because nothing is official until all the paper work is signed. And it may be easier if you do it online.
