{"id":5179,"date":"2023-06-15T12:41:55","date_gmt":"2023-06-15T07:11:55","guid":{"rendered":"https:\/\/fly.finance\/blog\/?p=5179"},"modified":"2023-06-15T12:41:55","modified_gmt":"2023-06-15T07:11:55","slug":"consolidate-student-loans-meaning-benefits-process","status":"publish","type":"post","link":"https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/","title":{"rendered":"Consolidate Student Loans: Meaning, Benefits, Process"},"content":{"rendered":"\n<p><a href=\"https:\/\/leverageedu.com\/blog\/types-of-education-loan\/\"><strong>Education loans<\/strong><\/a> or student loans have become really common these days. These loans are usually taken for studying abroad or other combined expenses like accommodation, tuition fees, etc but the reality is the burden of student loan debt has been increasing steadily over the past few decades.&nbsp; More than 44 Lakh people carry an average of over INR 25 Lakh in student loan debt, which creates a significant financial burden for the borrowers. So today we bring this interesting blog that will help students to consolidate student loans and reduce their monthly expenses or EMI. So don\u2019t miss out on this and continue reading.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-consolidate-student-loans-meaning\"><span id=\"consolidate-student-loans-meaning\">Consolidate Student Loans Meaning<\/span><\/h2>\n\n\n\n<p>Consolidation is the process of combining multiple loans into one new loan with one monthly payment or you can say <a href=\"https:\/\/leverageedu.com\/blog\/what-is-emi\/\"><strong>EMI<\/strong><\/a>. It&#8217;s important to note that consolidation is different from refinancing. When you refinance your loans, you take out a new loan with new terms to pay off your existing loans. Consolidation involves combining your existing loans into one new loan with its own terms. The goal of consolidation is simple: make it easier for borrowers to manage their student loan debt by simplifying payments and potentially lowering <a href=\"https:\/\/leverageedu.com\/learn\/abroad-study-loan-interest-rate-news-2023-02\/\"><strong>interest rates<\/strong><\/a>. By consolidating your loans into one payment instead of multiple payments spread out across different lenders and servicers, you&#8217;ll have more control over your finances.<\/p>\n\n\n\n<p class=\"has-background\" style=\"background-color:#afeef5\"><strong>Also Read: <a href=\"https:\/\/leverageedu.com\/blog\/student-loan-eligibility\/\">Student Loan Eligibility <\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-benefits-of-student-loan-consolidation\"><span id=\"benefits-of-student-loan-consolidation\">Benefits of Student Loan Consolidation<\/span><\/h2>\n\n\n\n<p>We all know that <a href=\"https:\/\/leverageedu.com\/\"><strong>studying abroad<\/strong><\/a> comes at the cost of different expenses and the last thing you should be concerned about is managing your finances as the study should be the first priority. Here are some of the reasons why you should consolidate student loans, benefits are as follows:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>One of the biggest benefits of consolidating your student loans is that you can extend your repayment terms. This means that you can lower your monthly payments by spreading them out over a longer period of time. Just to keep things transparent, this might be a temporary relief but this also means that you need to pay more interest on the loan taken.<\/li>\n\n\n\n<li>Instead of having multiple loans and loan payments, you have only one. This can make it easier to manage your budget and avoid missing or late payments.<\/li>\n\n\n\n<li>Consolidated student loans can convert variable <a href=\"https:\/\/leverageedu.com\/learn\/abroad-study-loan-interest-rate-news-2023-02\/\"><strong>interest rates<\/strong><\/a> into a fixed rate that won&#8217;t change over time. This can protect you from rising interest rates in the future and help you plan your payments more accurately.<\/li>\n<\/ul>\n\n\n\n<p class=\"has-accent-4-background-color has-background\"><strong>Also Read-&nbsp; <a href=\"https:\/\/leverageedu.com\/blog\/student-loan-eligibility\/\">What is the Student Loan Eligibility Criteria for Studying Abroad?<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-eligibility-for-consolidate-student-loans\"><span id=\"eligibility-for-consolidate-student-loans\">Eligibility for Consolidate Student Loans<\/span><\/h2>\n\n\n\n<p>Here are the basic eligibility criteria to qualify for the consolidation of student loans, take a look at them below:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Your loans must have been acquired under the Direct Loan Program or Family <a href=\"https:\/\/leverageedu.com\/blog\/education-loans-for-abroad-studies\/\"><strong>Education Loan<\/strong><\/a> Program. Depending on the banks the terms can be different<\/li>\n\n\n\n<li>Your credit history should be healthy and have a minimum <a href=\"https:\/\/leverageedu.com\/blog\/what-is-a-cibil-score\/\"><strong>CIBIL<\/strong><\/a> score of 740 or above. In layman&#8217;s terms, you should perform repayment regularly and if you have defaulted earlier your chances of consolidating student loans decreases drastically.&nbsp;<\/li>\n\n\n\n<li>You must complete your schooling and should not take a gap year<\/li>\n\n\n\n<li>You must have an active bank account with a debit card and a chequebook<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-documents-required\"><span id=\"documents-required\">Documents Required<\/span><\/h2>\n\n\n\n<p>To consolidate student loans, here are some of the necessary documents that will come in handy:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>Your proof of income or borrower\u2019s income proof (as per bank or the provider)<\/li>\n\n\n\n<li>Your proof of identity like driving licence or Aadhar Card<\/li>\n\n\n\n<li>Proof of citizenship or residency status such as a Voter ID Card, Birth Certificate<\/li>\n\n\n\n<li>Your bank account information with a debit card and chequebook<\/li>\n\n\n\n<li>Credit History Report&nbsp;<\/li>\n\n\n\n<li>All previous loan-related sanction letters that you want to consolidate<\/li>\n<\/ul>\n\n\n\n<p class=\"has-background\" style=\"background-color:#f8b1b1\"><strong>Relevant Read-&nbsp; <a href=\"https:\/\/leverageedu.com\/blog\/student-loan-refinance\/\">\u200b\u200bStudent Loan- Refinance\/Consolidation Process<\/a><\/strong><\/p>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-consolidate-students-loans-process\"><span id=\"consolidate-students-loans-process\">Consolidate Students Loans Process<\/span><\/h2>\n\n\n\n<p>You can follow this simple guide on how you can consolidate student loans:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>To consolidate your student loans, you need to apply for a Direct Consolidation Loan through the Department of Education&#8217;s website or by dropping a mail.<\/li>\n\n\n\n<li>You can choose which loans you want to consolidate, and you will have the option to select a new repayment plan and a new loan servicer.&nbsp;<\/li>\n\n\n\n<li>There is another online procedure as it involves various background checks and it&#8217;s recommended to visit the branch of the bank you want to consolidate student loans.<\/li>\n\n\n\n<li>In case you are wondering which bank can be ideal for the consolidation of students loan then you should definitely check out Federal Student Loan consolidation as it offers low-interest rates and tenure of up to 30 Years.&nbsp;<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-best-student-loan-consolidation\"><span id=\"best-student-loan-consolidation\">Best Student Loan Consolidation<\/span><\/h2>\n\n\n\n<p>Apart from Federal Student Loans here are some of the other options on how you can consolidate student loans:<\/p>\n\n\n\n<ul class=\"wp-block-list\">\n<li>LendKey<\/li>\n\n\n\n<li>SoFi<\/li>\n\n\n\n<li>Earnest<\/li>\n\n\n\n<li>Citizens Bank<\/li>\n\n\n\n<li>PenFed<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\" id=\"h-faqs\"><span id=\"faqs\">FAQs<\/span><\/h2>\n\n\n\n<div class=\"schema-faq wp-block-yoast-faq-block\"><div class=\"schema-faq-section\" id=\"faq-question-1686212340358\"><strong class=\"schema-faq-question\"><strong>Will consolidating my student loans affect my credit score?<\/strong><\/strong> <p class=\"schema-faq-answer\">Yes, it will directly affect your credit score as when applying for consolidation, a hard credit inquiry will be conducted which could temporarily lower your score. However, once approved and payments are made on time each month, consolidation can actually have a positive effect on credit scores by reducing the debt-to-income ratio.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1686212342559\"><strong class=\"schema-faq-question\"><strong>Can I consolidate my student loans while in school?<\/strong><\/strong> <p class=\"schema-faq-answer\">No, you cannot consolidate your student loans while in school. You must have graduated, left school or dropped below half-time enrollment to consolidate student loans.<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1686212344035\"><strong class=\"schema-faq-question\"><strong>Can I consolidate my student loans if they are in default?<\/strong><\/strong> <p class=\"schema-faq-answer\">Most banks or providers don\u2019t consolidate student loans if defaulted as they look only for credit-worthy customers. Still, if you provide a proper income-driven repayment plan and resolve some issues then there are chances of getting your loan approved.\u00a0<\/p> <\/div> <div class=\"schema-faq-section\" id=\"faq-question-1686212345560\"><strong class=\"schema-faq-question\"><strong>What is student loan consolidation?<\/strong><\/strong> <p class=\"schema-faq-answer\">Student loan consolidation is a process that combines multiple loans into one new loan with a single payment made monthly to one loan service.<\/p> <\/div> <\/div>\n\n\n\n<p>This was everything related to Consolidate Student Loans. Reach out to <a href=\"https:\/\/fly.finance\/\"><strong>Fly Finance<\/strong><\/a> for all finance-related concerns to simplify your study abroad experience with zero hindrances.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Education loans or student loans have become really common these days. These loans are usually taken for studying abroad or other combined expenses like accommodation, tuition fees, etc but the reality is the burden of student loan debt has been increasing steadily over the past few decades.&nbsp; More than 44 Lakh people carry an average &#8230; <a title=\"Consolidate Student Loans: Meaning, Benefits, Process\" class=\"read-more\" href=\"https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/\" aria-label=\"Read more about Consolidate Student Loans: Meaning, Benefits, Process\">Read more<\/a><\/p>\n","protected":false},"author":2,"featured_media":5180,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[21],"tags":[],"class_list":["post-5179","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-education-loan"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v27.2 (Yoast SEO v27.2) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Consolidate Student Loans: Meaning, Benefits, Process I Fly Finance<\/title>\n<meta name=\"description\" content=\"Know more about Consolidate student loans, benefits of consolidate studenst loan, process and the best consolidate student loans\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Consolidate Student Loans: Meaning, Benefits, Process\" \/>\n<meta property=\"og:description\" content=\"Know more about Consolidate student loans, benefits of consolidate studenst loan, process and the best consolidate student loans\" \/>\n<meta property=\"og:url\" content=\"https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/\" \/>\n<meta property=\"og:site_name\" content=\"Fly Finance\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-15T07:11:55+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/flyblog.s3.ap-south-1.amazonaws.com\/wp-content\/uploads\/2023\/06\/08134844\/Fly-Finance-Blog-Covers-12.png\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"400\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"Team Fly Finance\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Team Fly Finance\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"5 minutes\" \/>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Consolidate Student Loans: Meaning, Benefits, Process I Fly Finance","description":"Know more about Consolidate student loans, benefits of consolidate studenst loan, process and the best consolidate student loans","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/","og_locale":"en_US","og_type":"article","og_title":"Consolidate Student Loans: Meaning, Benefits, Process","og_description":"Know more about Consolidate student loans, benefits of consolidate studenst loan, process and the best consolidate student loans","og_url":"https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/","og_site_name":"Fly Finance","article_published_time":"2023-06-15T07:11:55+00:00","og_image":[{"width":720,"height":400,"url":"https:\/\/flyblog.s3.ap-south-1.amazonaws.com\/wp-content\/uploads\/2023\/06\/08134844\/Fly-Finance-Blog-Covers-12.png","type":"image\/png"}],"author":"Team Fly Finance","twitter_card":"summary_large_image","twitter_misc":{"Written by":"Team Fly Finance","Est. reading time":"5 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/#article","isPartOf":{"@id":"https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/"},"author":{"name":"Team Fly Finance","@id":"https:\/\/fly.finance\/blog\/#\/schema\/person\/536e0b2ed4d3c8eb2eaf7f9156f32e65"},"headline":"Consolidate Student Loans: Meaning, Benefits, Process","datePublished":"2023-06-15T07:11:55+00:00","mainEntityOfPage":{"@id":"https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/"},"wordCount":1002,"commentCount":0,"publisher":{"@id":"https:\/\/fly.finance\/blog\/#organization"},"image":{"@id":"https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/#primaryimage"},"thumbnailUrl":"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2023\/06\/08134844\/Fly-Finance-Blog-Covers-12.png","articleSection":["Education Loan"],"inLanguage":"en-US","potentialAction":[{"@type":"CommentAction","name":"Comment","target":["https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/#respond"]}]},{"@type":["WebPage","FAQPage"],"@id":"https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/","url":"https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/","name":"Consolidate Student Loans: Meaning, Benefits, Process I Fly Finance","isPartOf":{"@id":"https:\/\/fly.finance\/blog\/#website"},"primaryImageOfPage":{"@id":"https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/#primaryimage"},"image":{"@id":"https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/#primaryimage"},"thumbnailUrl":"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2023\/06\/08134844\/Fly-Finance-Blog-Covers-12.png","datePublished":"2023-06-15T07:11:55+00:00","description":"Know more about Consolidate student loans, benefits of consolidate studenst loan, process and the best consolidate student loans","breadcrumb":{"@id":"https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/#breadcrumb"},"mainEntity":[{"@id":"https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/#faq-question-1686212340358"},{"@id":"https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/#faq-question-1686212342559"},{"@id":"https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/#faq-question-1686212344035"},{"@id":"https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/#faq-question-1686212345560"}],"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/#primaryimage","url":"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2023\/06\/08134844\/Fly-Finance-Blog-Covers-12.png","contentUrl":"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2023\/06\/08134844\/Fly-Finance-Blog-Covers-12.png","width":720,"height":400,"caption":"Consolidate student loans"},{"@type":"BreadcrumbList","@id":"https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/fly.finance\/blog\/"},{"@type":"ListItem","position":2,"name":"Education Loan","item":"https:\/\/fly.finance\/blog\/category\/education-loan\/"},{"@type":"ListItem","position":3,"name":"Consolidate Student Loans: Meaning, Benefits, Process"}]},{"@type":"WebSite","@id":"https:\/\/fly.finance\/blog\/#website","url":"https:\/\/fly.finance\/blog\/","name":"Fly Finance","description":"Explore blogs related to Education Loan, Student Bank Account, International Money Transfer, Scholarships along with latest news at Fly Finance.","publisher":{"@id":"https:\/\/fly.finance\/blog\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/fly.finance\/blog\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/fly.finance\/blog\/#organization","name":"Fly Finance","url":"https:\/\/fly.finance\/blog\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/fly.finance\/blog\/#\/schema\/logo\/image\/","url":"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/01\/29151141\/Fly-Finance-Logo-1.webp","contentUrl":"https:\/\/flyblog.fly.finance\/wp-content\/uploads\/2024\/01\/29151141\/Fly-Finance-Logo-1.webp","width":1080,"height":1080,"caption":"Fly Finance"},"image":{"@id":"https:\/\/fly.finance\/blog\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/fly.finance\/blog\/#\/schema\/person\/536e0b2ed4d3c8eb2eaf7f9156f32e65","name":"Team Fly Finance","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/secure.gravatar.com\/avatar\/4dee45c14b835135bd058d903c251154597f0720b0b3723ddd58804b57b9ea5b?s=96&d=mm&r=g","url":"https:\/\/secure.gravatar.com\/avatar\/4dee45c14b835135bd058d903c251154597f0720b0b3723ddd58804b57b9ea5b?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/4dee45c14b835135bd058d903c251154597f0720b0b3723ddd58804b57b9ea5b?s=96&d=mm&r=g","caption":"Team Fly Finance"},"sameAs":["https:\/\/fly.finance\/blog"],"url":"https:\/\/fly.finance\/blog\/author\/leverageedu\/"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/#faq-question-1686212340358","position":1,"url":"https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/#faq-question-1686212340358","name":"Will consolidating my student loans affect my credit score?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Yes, it will directly affect your credit score as when applying for consolidation, a hard credit inquiry will be conducted which could temporarily lower your score. However, once approved and payments are made on time each month, consolidation can actually have a positive effect on credit scores by reducing the debt-to-income ratio.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/#faq-question-1686212342559","position":2,"url":"https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/#faq-question-1686212342559","name":"Can I consolidate my student loans while in school?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"No, you cannot consolidate your student loans while in school. You must have graduated, left school or dropped below half-time enrollment to consolidate student loans.","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/#faq-question-1686212344035","position":3,"url":"https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/#faq-question-1686212344035","name":"Can I consolidate my student loans if they are in default?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Most banks or providers don\u2019t consolidate student loans if defaulted as they look only for credit-worthy customers. Still, if you provide a proper income-driven repayment plan and resolve some issues then there are chances of getting your loan approved.\u00a0","inLanguage":"en-US"},"inLanguage":"en-US"},{"@type":"Question","@id":"https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/#faq-question-1686212345560","position":4,"url":"https:\/\/fly.finance\/blog\/education-loan\/consolidate-student-loans-meaning-benefits-process\/#faq-question-1686212345560","name":"What is student loan consolidation?","answerCount":1,"acceptedAnswer":{"@type":"Answer","text":"Student loan consolidation is a process that combines multiple loans into one new loan with a single payment made monthly to one loan service.","inLanguage":"en-US"},"inLanguage":"en-US"}]}},"_links":{"self":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts\/5179","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/comments?post=5179"}],"version-history":[{"count":2,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts\/5179\/revisions"}],"predecessor-version":[{"id":5539,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/posts\/5179\/revisions\/5539"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/media\/5180"}],"wp:attachment":[{"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/media?parent=5179"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/categories?post=5179"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/fly.finance\/blog\/wp-json\/wp\/v2\/tags?post=5179"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}