1 The technology is destined for oblivion. 2  The names of the people who lived here long ago have faded into oblivion. 3  His theories have faded into scientific oblivion. 4  Her work was rescued from oblivion when it was rediscovered in the early 1900s.
Student loan consolidation is the process of merging multiple student loans into one new loan with one easy monthly payment, rather than multiple payments each month. Essentially, the new loan pays off your old student loans when you consolidate. Because your old student loans are paid off, the consolidation process is not reversible.
Finding the right bank to refinance or consolidate your student loans is confusing. Fortunately, weâve highlighted a few banking organizations to help you find private and federal student loan refinancing or consolidation options that fit your financial situation.tudent loan refinancing can be a complete game changer. You can consolidate your private and federal loans and potentially get a better interest rate, saving you thousands of dollars over the life of your loan.