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.
1 Consolidate the student loans. 2  If you havenât done so already, consolidating the student loans into one low minimum monthly payment encompassing all of the debt can also improve your chances of qualifying. 3  Buy less house. 4  This is easier said than done if youâre already in contract to buy a home.