Yet despite the appeal -- and its popularity -- student loan consolidation isn't for everyone.Here are some frequently asked questions and answers that may help determine if it's the right move for you.
It's important that you learn how to handle credit card debt, auto loans, mortgages, and student loans after a divorce, so you can move ahead with your life in the best possible manner.
A divorce can leave you owing credit card debt, car loans, a mortgage, student loans, and child support.
To a college grad swamped with multiple student loans that have come due, loan consolidation is an enticing option.
When you consolidate, a lending institution pays off your existing balances and replaces them with a new, consolidated loan.
This is a time when you list all of your current debts, mistakes that you have made in paying on time, savings and other financial situations that you may have.