Financial Options

Wednesday, June 28, 2006

Spousal Student Financial Aid Consolidation Loans

If you are married and you and your spouse have student financial aid loans you can consolidate them into one loan. There are draw-backs in situations like divorse where both are still responsible for the loan and can't be divided by the loan servicer. The spousal consolidation program will end July 1 2006. After June 2006 you will not have this option to consolidate the loans.

Tuesday, June 27, 2006

Student Loan Refinance Time

The time for student loan consolidation is here. Saturday July 1 is the day the rates go up. I have heard that law makers are trying to change the deadline but I have not heard of any new legislation so the rates are going to change on student loans and financial aid for students. I called my loan consolidation professional a while back but found that my student loan balances are too low to consolidate with their programs.


 
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