So I have two loans that are older, like I am 30 months away from forgiveness for PSLF. I have one that is brand new from an attempt at grad school (not my proudest moment…). In the moment, I didn’t like that I had three separate loans and requested consolidation. Now I am freaking out, worried that my qualifying payments on the biggest portion of my loans will reset if they all get put together. Please tell me I didn’t just screw myself.
Posted by F_the_Consequences
2 Comments
Can you cancel the consolidation request? Or did you refinance your loans with a private lender?
Your counts won’t reset – you will end up with a weighted average of your count. If you go to the PSLF Facebook group, they have a tool that can help you figure out what the new count will be on the consolidated loan. I believe Dept of Ed also has a tool that can help you figure out the new count.