05.08.09 | Which benefits are attached to Private Consolidation?
The quick answer is check with your consolidating lender as benefits vary, but generally speaking there is a wide array of potential benefits that come equipped with private student loans both pre and post consolidation; benefits that distinguish private student loans from private personal ones. Some notable benefits may include:
- 12 month Economic hardship
- 12 month temporary disability
- Up to 36 months for all active-duty military personnel
- Up to 48 months for in school deferment
- Up to 48 months for medical/dental residents
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Filed under: Consolidation
