Looking to consolidate federal and private student loans? While you can’t consolidate them together – and you wouldn’t want to anyway, you can take the consolidation of both types of loans to your advantage.
You can consolidate your federal student loans any time after you graduate or drop below halftime enrollment. Always consolidate federal loans first. Consolidating your loans will improve your credit rating, and when you go to consolidate your private loans, which are credit-based, you will have a better score and most likely get a lower interest rate.
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