Can I use private student loans to pay off credit cards and bills?
Tuesday, August 4th, 2009n23papp asked:
I am going to start a second bachelors program next month and I need funding. I owe $1200/month in credit and bills. The school is in rural nowhereville so I won’t be able to get a job to pay down those bills. What options do I have? Can I take out a lump 30k to pay off those bills from private school loans? And when I apply for a private loan, do I have to reapply every year?
I am going to start a second bachelors program next month and I need funding. I owe $1200/month in credit and bills. The school is in rural nowhereville so I won’t be able to get a job to pay down those bills. What options do I have? Can I take out a lump 30k to pay off those bills from private school loans? And when I apply for a private loan, do I have to reapply every year?
