Question
Can you use a student debt consolidation loan for personal use?
I have researched online and am still not clear on how this works. I really need a personal loan to help out with some other bills and am no longer able to take my classes. I am now in deferrment on my federal loan and they don't do credit checks or anything for a consolidation loan. Just curious.
2 years ago - 4 answers
Best Answer
Chosen by Asker
Depending wich type of student loan consolidation. Private (finance companies) consolidations may accept to include personal debts in the loan. Good luck !
Source(s)
students-loans-consolidations ...
by jamesPurple
2 years ago
Asker's Rating: 
Other Answers
no, you dont get any money when you consolidate. it just changes the terms of your loans.
by Tiare- 2 years ago