wollweber
Jan 6 2006, 06:14 PM
My son's truck is rapidly dying on him-now he needs a transmission and that'll be more than what it's worth.
My question is, is there a student loan consolidation place where he can also get a small loan in with it for a vehicle?
He only works part time and has a couple other small monthly bills he pays along with his student loan which he is usually late on.
Thanks for any help!
Kelly
LynnInMN
Jan 6 2006, 08:37 PM
Nope...the Federal government will only insure student loans.
When you consolidate student loans, there is no cash out to the studentt...money changes hands only between the guaranty agencies.
wollweber
Jan 6 2006, 11:45 PM
Thanks, that's what I was needing to know. I appreciate your help.
Kelly
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