Re: Mohela and Direct Loans[ Edited ]
03-09-2012 03:05 PM - last edited on 03-09-2012 03:09 PM by fused
He is saying that it is now a new loan, but it is only one line of credit since you did a consolidation program. This means that it will reflect as a new account, but only one new loan. The other six will report as being closed and paid. This is all good for you and your credit. Congratulations. If you want to know any other information about student loan consolidation programs, you can go to this site. They have some amazing articles that could answer a lot of your questions. Mod Cut!
Spamming is not allowed in the forums. I have removed the link in all of your posts.
--fused, myfico moderator