I know someone can answer this very simply.

Should I rehab my loans first or should I go ahead and consolidate them? I already have an application that is being held until July 1.


Secondly, if I do decide to rehab these loan, are the 12 payment negotiable to say, 6. I heard something about that in this forum.

This post is for my clarification, I have seen similar post but the answers to these questions would complete my search.

I think if you consolodate SL's that are in default...the defaulted TL's will remain on your reports.

Your better off rehabing then consolodating.....not sure about the 6 month rehab since I was only offered the 12 month payment plan. The amount of $$ is negotiable I know that for sure..but they always want more than you can afford so fight hard.