Married couple may no longer obtain a Direct Consolidation Loan as joint borrowers.

Effective July, 1 2006 a married couple may no longer obtain a Direct Consolidation Loan as joint borrowers. Consolidate jointly with your spouse Effective July, 1 2006 a married couple may no longer obtain a Direct Consolidation Loan as joint borrowers.
Source: Department of Education

Posted on April 22, 2009 at 3:03 pm by admin · Permalink · Leave a comment
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Can I obtain a Direct Consolidation Loan if I don’t have any Direct Loans?

Yes, borrowers without any Direct Loans may be eligible for a Direct Consolidation Loan if they include at least one FFEL Loan and have been unable to obtain a Federal Consolidation Loan with a FFEL consolidation lender or have been unable to obtain a Federal Consolidation Loan with income-sensitive repayment terms acceptable to them or [...]

Posted on April 22, 2009 at 2:40 pm by admin · Permalink · Leave a comment
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