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However, you cannot consolidate private loans with federal loans, and when you do consolidate federal loans, you may lose benefits associated with the original loan, like interest rate discounts, principal rebates or some loan cancellation benefits.
If the customer calls in the morning or early afternoon the funds can be in the customer checking account by the next morning.
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Even borrowers who believe they will be unable to repay the loan immediately—and therefore expect some amount of reborrowing—are generally unable to predict accurately how many times they will reborrow and at what cost.
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Be sure you can You may have to pay up to the full amount of the debt if the borrower does not pay.
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Again if this is not an option many consumers instead need to consider a new lending resource.
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