Is it true consolidation free the co-signer? Forum

[southernboy2011]

I have heard somewhere that if you have a co-signer for GradPLUS loan and you attempt to consolidate your loans upon graduation the co-signer will be off the hook. I have also heard the opposite.

I plan to go public service route, so I hope my loans can be forgiven. However, some horrible collections are falsely reporting on my report so I can get approved this semester alone with it.

If it's true that they will be off hook on consolidation, is there anywhere that says that's true? I just don't want to have a certain loan not forgiven because I have a co-signer

[20130312]

It can happen, but doesn't have to. If the company consolidating your loans doesn't think you will be able to pay them, they will require a consigner.

[southernboy2011]

so basically, when I consolidate it will be as if I am getting a GradPlus loan again and will have to pass credit check to determine whether I can consolidate myself or would I need another cosigner?

I am beyond sure I will have this stuff off my credit by then, but what does the federal consolidation require?