Consummated Loan

« Back to Glossary Index

a loan for which the proceeds have been delivered to the borrower, typically by applying a credit to the student’s account at the institution

previous post: Collection Costs
next post: Co-signer

The Institute of Student Loan Advisors (TISLA™) is a private 501(c)(3) nonprofit dedicated to ensuring that all consumers have access to fair, free, student loan advice and dispute resolution. We will never charge consumers for our services and do not require registration or affiliation to utilize our services. While we encourage all student loan borrowers to talk to their loan holders for help, we understand that sometimes, you just want a second opinion or need additional help.

freestudentloanadvice.org