Question by Lahdeedah: Why use up government student loans before private?
Why does everyone say to use up all government-funded student loans before getting private ones?
I can get a much better interest rate with NO origination fees with Wachovia, a private loan; while the government loan offered to me has 4% origination fees, higher interest rate, and is unsubsidized.
The only thing better about the government loan is it is fixed rate. Is that really that important? Do variable rates with private loans usually increase alot? It depends the going rate at the time in the economy right?
Question by Mr P: Where can I find a good low intrest rate student loan, with low or no credit?
Where can I find a good low intrest rate student loan, with low or no credit?
I have this friend who is trying to go to school in LA california and she lives in New York. Also she has no credit and her parents have little creidt as well. Do any one have any bank or suggestion on where she can get a good student loan?
Best answer:
Answer by johnnybelinda AES, Sally Mae, and then theres another Mae, not sure of the first name tho…
Question by Danny M: What is the best option for consolidating private student loans?
I have both federal and private loans that need consolidation, I’ll take any advice I can get. Thanks so much
Best answer:
Answer by Holly If you can afford to, consolidate them by source (all federal together, all private together). Having two payment is a pain, but often private loans are at a higher interest rate than federal. Even 0.25% can be a lot on tens of thousands of dollars.
New Website Provides Information on Student Loan Consolidation Programs – Federal Student Loans and Private Student Loans
Tampa, FL (PRWEB) August 27, 2007
Student Loan Consolidation Programs can benefit students who have taken out either Federal Student Loans or Private Student Loans. http://www.StudentDebtConsolidationPrograms.com is a new website which has been launched to provide all the necessary information on such Student Loan Consolidation Programs, whether Federal or Private. As the cost of college expenditures are skyrocketing, so are the number of students who are buried and sunk in an anchor of student loan debt when they graduate. Student loan consolidation programs provide the best option for students who are finding it hard to manage their student loan debt and to pay them back on time. Student loan consolidation programs lets students reduce interest rates and streamlines payments as well.
Question by awkward pie: Will trading stocks affect my student loans and FAFSA application?
I am currently a college student and planning on investing 2000-3000 dollars into the stock market. I was wondering if this will change my student aid and FAFSA. Any advices? Thanks
Question by obscuremagic: Where can I find a list of all my student loans online?
I have various loans from multiple lenders, and I had a site bookmarked that shows both Federal AND private loans I have taken out… but for the life of me, I can’t find it again. Anyone know??
Thanks so much.
Best answer:
Answer by arta t at www.dpsanswers.com you can find it go there now
Question by Colts Fan: How do I pay defaulted student loans to save my credit?
I am a single mother of three, so even a good income has to be very well budgeted. I have roughly $ 100,000 in defaulted student loans, so most consolidation and other programs are out of the question for me. I have been asked to pay more than I can afford monthly for these loans. What can I do to both get these paid and save my credit?
Best answer:
Answer by Found-1 Negotiate with the loan company for a smaller payment. Most companies would rather get some of the payment rather than nothing.
Question by Alex K.: Student loan?
I know I’ll need to get a student loan sometime during my university studies. I was just wondering how they work, what you need to get one and how long you have to pay it back. Any extra details would be much appricated.
P:S I am a planning on studying in the U.S but I live outside the U.S.
Best answer:
Answer by danetteed Most student loans are limited to citizens or resident aliens of the US. You do not mention whether you are a US citizen living outside the US, or a citizen of another country.
Norma Robinson, Assistant Director for Graduate Financial Aid at Barry University, discusses the difference between subsidized and unsubsidized student loans. For more information about Barry University’s financial aid, please visit www.barry.edu
Question by nisseee: Paying off student loans where do I start?
I graduated in May so I know it’s about time to start paying my loans off. Will the lenders be sending me a bill or do I have to set up a payment plan with them. Also, I have loans from a few different lenders, is there a way to consolidate them? Will that hurt my credit?
