Resolved Question: debt consolidation?

He has a defaulted federal student loan, he's been trying to keep up with the payments...unfortunately he lost his job recently (company shutdown due to financial crises) and is being considered for another. Unfrortunately he needs to know if there is a debt consolidation program that works specifically with federal student loans...???? any assistance is greatly appreciated. Thanks for the inputs so far...
was asked to ask if any of you know who he could consolidate with, most Banks won't do it because it is a federal loan...meaning that they won't guarantee a fixed rate for a consolidation loan...Thanks again fellas...my friend is pretty stressed out on this for he knows it's going to screw his credit up. For Faith:

Thanks for the suggestion, but need more detail of who it is you're talking about that can help my friend out with consolidating his loans... email you gave, shows no profile on Yahoo! ??

Resolved Question: what is a good way to consolidate non-credit card debt?

i have a very low credit score of 533. however, i have no credits cards outstanding. i had one credit card bill, but i paid it off about two years ago. everything that is on my credit now is generally small stuff--excepting my student loans--under a couple hundred dollars. i have mostly medical bills -- LOTS of stuff that got sent to collections for being unpaid. uninsured hospital visits, ambulance rides, laboratory tests, etc. i didn't have insurance for over 2 years. is using a debt consolidation company really a viable way to go? i have heard that simply using one reflects badly on your credit, but i really don't think my credit could get a whole lot worse. i have at probably one or two dozen negative things on my credit report, but not a single one is a credit card! you'd think that would make it easier to work with--at least i'm not being charged interest or late fees on any of these debts. but add it all up and it's a lot! any advice??

Resolved Question: debt consolidation?

are there consolidation loans that combine your students loans with any credit card debt?
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