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Debt Relief – Insolvency – Bankruptcy Information » Student Loan Help » Why are many student loan lenders no longer offering consolidation for PRIVATE student loans?

Why are many student loan lenders no longer offering consolidation for PRIVATE student loans?

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2 Responses to "Why are many student loan lenders no longer offering consolidation for PRIVATE student loans?"

  1. ? says:
    Because it’s no longer profitable.

    The same thing happened with federal consolidation this year, too.

  2. chuckles951 says:
    You have not been paying attention to the financial news. It is because of the “credit crunch”. The implosion of the credit market that caused the prices of houses to start falling. Because cheap funding is no longer available, such loans are no longer profitable for lenders.

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