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Can a loan be forgiven if it has been consolidated?

Ross Pratt

in Student Loans

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Mindee Nelson on April 20, 2018

Response . when you get consolodation loan the lender pays all the loans you want taken care of. for example, you have 5 different loans that amount to a total of 25000.00. the lender that you are getting the consolodation loan will pay each account in full in your name and you have taken a loan for 25000.00 however, these accounts may appear as a transfer on your cbr until the consolodation loan is paid


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