Private consolidation loans are offered by banks and credit unions (not the Federal government) and are credit-based and generally require strong credit to be obtained.
Most people take advantage of the Federal programs because they are having trouble managing their debt burden and a lower payment will help.
Some lenders offer cosigner release as an option on their private consolidation loans.
Typically, these require 12, 24, 36 or 48 months of consecutive, on-time payments by the primary borrower.
The DEAL Consolidation Loan is for non-North Dakota residents who have a DEAL Student Loan.