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Student Consolidation Loan
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Monica Said:how does student loan consolidation work?
We Answered:Generally, a consolidation loan lumps all your student loans into a new loan, with up to 30 years to pay back and a fixed interest rate. It really makes it easy if you have student loans scattered across different lenders/servicers.
The key word in your statement is 'up to $2000', if you have a lower balance, you probably will not get that much as a credit. Yes, you would get a credit, not cash back.
And if you do get 'up to $2000', believe me, you will pay for it eventually. There's no such thing as a free lunch (imo).
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