Consolidating loans

[Hendlefe]

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I am currently not a student and will be getting some loans soon. Can I use my public or private loans to pay off my credit cards and my mom's credit as well? She owes like 2 grand for seeing a dentist. I have a few credit cards with about 3-4k debt. I also want to buy a laptop for school so maybe another 1k.

Can I lump all of my credit debt into a loan?

Thanks

 

[avuong]

Hi OP,
Have you considered getting a balance transfer to another credit card? That can hold you off for 6 months with zero interest. Just pay it off completely and dont let it go on beyond the introductory/promotion period and youll be fine. I've never done this myself but in theory it sounds very good.
Best of luck.

here are some examples to check out:

• citicard: https://www.citicards.com/cards/wv/...tId=CONSUMER&CONTENT_TYPE=constituency_detail
• chase:http://www.chasecreditcards.com/balance-transfer-cards.asp

 

[Hendlefe]

Thanks for the response. I doubt I can pay off my credit cards plus my moms dental credit by the time I start school. I want to move all of my credit onto a loan so I can pay it off after graduation. I know that some loans won't allow me to use it on anything I want

 

[117296]

I am currently not a student and will be getting some loans soon. Can I use my public or private loans to pay off my credit cards and my mom's credit as well? She owes like 2 grand for seeing a dentist. I have a few credit cards with about 3-4k debt. I also want to buy a laptop for school so maybe another 1k.

Can I lump all of my credit debt into a loan?

Thanks

Not into a federal student loan. You might be able to in a private loan with a much higher interest rate.

 

[aboveliquidice]

I am currently not a student and will be getting some loans soon. Can I use my public or private loans to pay off my credit cards and my mom's credit as well? She owes like 2 grand for seeing a dentist. I have a few credit cards with about 3-4k debt. I also want to buy a laptop for school so maybe another 1k.

Can I lump all of my credit debt into a loan?

Thanks

You can receive student loans - and use that money, after tuition is paid - for whatever you wish. I do not recommend it - but it is certainly possible.